Machina Labs has announced an investment from Yamaha Motor Ventures, the strategic business and development arm of Yamaha Motor Co. Ltd. in Tokyo.
The Chatsworth manufacturer of sheet metal products said the undisclosed amount will be used to accelerate company growth to meet customer demand and to introduce new alloys, sheet metal and titanium, according to a release.
Founded in 2019, Machina Labs combines the latest advances in AI and robotics to deliver finished metal products in days – not months or years – and gives customers unprecedented time to market and a competitive advantage.
Anish Patel, managing director at Yamaha Motor Ventures, said that many of the industries the company was involved with – maritime, land mobility, food and agriculture and more – require high levels of quality and precision at customized product volumes.
“For this reason, among others, our investment in Machina Labs is an ideal fit,” Patel said in a statement. “Their ability to rapidly iterate, improve, and manufacture metallurgic products increases our speed of innovation. With an addressable market in the billions, we’re excited to play a role in Machina’s success.”
Edward Mehr, chief executive and co-founder of the Valley company, called Yamaha a brand long associated with innovation, creativity and excellence.
“All of us at Machina Labs are excited at the prospect (of) benefitting from their investment and guidance,” Mehr said in a statement.
Started in 2015 and based in Silicon Valley, Yamaha Motor Ventures manages $200 million across two funds focused making seed to series B investments.