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Capital Infrastructure

Re:Build raises $2.1 billion to expand manufacturing capacity

Re:Build raises $2.1 billion to expand manufacturing capacity Image: Primary
Re:Build raised $2.1 billion to expand its capacity to manufacture hard tech products and launch industrial startups, TechCrunch reported. General Catalyst and JPMorganChase's Strategic Investment Group led the investment in the Massachusetts-based manufacturing accelerator. The company was co-founded by Jeff Wilke, Amazon's former commercial CEO. The financing targets both manufacturing expansion and the creation of new industrial businesses. Other investors in the round were not disclosed.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
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AI Capital
AI Capital

Lumaril raises $66 million for industrial AI software

Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.

Techmeme
Security Robotics
Security Robotics

VicOne reports 28 zero-day findings in software supporting robotics

VicOne says AI-assisted research identified 28 previously unknown vulnerabilities in less than two days across software supporting robotics, including projects developed or maintained by Google, NVIDIA and Meta. The findings span training, simulation and deployed operations.

The Robot Report