SAN FRANCISCO, CA, Bright Machines, an innovator in software-defined manufacturing, announced $132M in debt and Series B equity funding.
Bright Machines, an innovator in software-defined manufacturing, announced $132M in debt and Series B equity funding. The equity portion of the funding, worth $100M, was led by Eclipse Ventures. The debt portion of the funding, worth $32M, was led by Silicon Valley Bank and Hercules Capital.
Bright Machines intends to use the funds to accelerate the company's growth, which includes continued expansion into high-demand industry verticals, and the development of new software and service offerings to complement its existing portfolio of products. This round of funding brings the total raised by Bright Machines to $330M since the company's founding in 2018.
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