Machina Labs announced on Wednesday that it had closed a Series A financing round worth $14 million.
The Chatsworth company that applies artificial intelligence and robotics to manufacturing will use the money to grow its team and to expand its research and development and manufacturing capacity to meet customer demand.
Machina Labs has raised a total of $16.3 million in financing.
Edward Mehr, chief executive and co-founder, said that manufacturing must be reinvented to keep pace with changes in a highly competitive market.
The company said that its manufacturing platform combines advances in robotics and artificial intelligence to democratize access to rapid manufacturing so that anyone with an idea can make parts quickly, efficiently and cost-effectively, Mehr said in a statement.
“These software-defined, robotic facilities are the factories of the future, and we’re thrilled to have our investors on board to help us get there,” Mehr added.
Innovation Endeavors in Palo Alto led the financing round, with contributions from Congruent Ventures in Oakland and Embark Ventures in Santa Monica.
Founded in 2019, Machina Labs has done pilot programs with NASA and the U.S. Air Force and is now working on commercial engagements. It has begun work with NASA on using its technology for in-space manufacturing while with the Air Force its technology is accelerating the development of composite molds and the production of parts in applications such as drones, according to a release from the company.