Machina Labs, which combines AI and robotics to rapidly manufacture advanced composite and metal products, today announced that it has closed a Series B investment in the amount of $32 million.

The round was co-led by new investor NVentures, NVIDIA's venture capital arm, and existing investor Innovation Endeavors, with contributions from existing and other new investors. This latest funding brings the total raised by Machina Labs to $45 million.

Founded in 2019 by aerospace and automotive industry veterans, Machina Labs is an advanced manufacturing company based in Los Angeles, California. Enabled by advancements in artificial intelligence and robotics, Machina Labs is developing Software-Defined Factories of the Future. The mission of the company is to develop modular manufacturing solutions that can be reconfigured to manufacture new products simply by changing the software.