NEW YORK, NY, Podium Automation, the Brooklyn-based manufacturer reimagining how industrial control panels are designed and built, announced it has raised $18 million in Series A funding.
NEW YORK, NY, Podium Automation, the Brooklyn-based manufacturer reimagining how industrial control panels are designed and built, announced it has raised $18 million in Series A funding led by Construct Capital, with participation from Andreessen Horowitz, Transition Ventures, Sunflower Capital, and Banter Capital.
The round brings Podium's total funding to more than $23 million and will fuel a rapid scale-up of manufacturing capacity to meet growing demand for quick-turn control panels from customers ranging from scale-ups to Fortune 500 manufacturers. As part of the financing, Dayna Grayson, Co-Founder and Managing Partner at Construct Capital, will join Podium's Board of Directors.
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