About Bright Machines
Bright Machines is a company based in San Francisco (United States) founded in 2018 by Lior Susan.. Bright Machines has raised $385 million across 6 funding rounds from investors including Microsoft, Nvidia and SVB. Bright Machines operates in a competitive market with competitors including Vicarious, Agile Robots, Gecko Robotics, Universal Robots and Yaskawa, among others.
- Headquarter San Francisco, United States
- Founders Lior Susan
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Aasl Autolabs Private Limited
- Date of Incorporation 16 Apr, 2018
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$385 M (USD)
in 6 rounds
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Latest Funding Round
$106 M (USD), Series C
Jun 25, 2024
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Investors
Microsoft
& 11 more
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Employee Count
Employee Count
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Funding Insights of Bright Machines
Bright Machines has successfully raised a total of $385M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $106 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $106.0M
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First Round
First Round
(23 Oct 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Debt – Conventional - Bright Machines | Valuation |
investors |
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| Jun, 2024 | Amount | Series C - Bright Machines | Valuation | NVIDIA , Microsoft |
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| Oct, 2022 | Amount | Debt – Conventional - Bright Machines | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bright Machines
Bright Machines has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Nvidia and SVB. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments are made by Eclipse across multiple sectors.
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Founded Year | Domain | Location | |
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Venture debt financing is provided to companies in multiple sectors.
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Founded Year | Domain | Location | |
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BMW i Ventures is focused on investing in automotive technology startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bright Machines
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bright Machines
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bright Machines Comparisons
Competitors of Bright Machines
Bright Machines operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vicarious, Agile Robots, Gecko Robotics, Universal Robots and Yaskawa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based robotic arms are developed for industrial automation tasks.
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| domain | founded_year | HQ Location |
Deep learning-based vision for autonomous robot perception is provided.
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| domain | founded_year | HQ Location |
Wall-climbing robots are developed for boiler inspections at power plants.
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| domain | founded_year | HQ Location |
Collaborative robot arms are provided for industrial applications.
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| domain | founded_year | HQ Location |
Motion control, robotics, and system engineering solutions are provided globally.
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| domain | founded_year | HQ Location |
Provider of pick and place robotic solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bright Machines
Frequently Asked Questions about Bright Machines
When was Bright Machines founded?
Bright Machines was founded in 2018.
Where is Bright Machines located?
Bright Machines is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Bright Machines?
Chris Stori is the current CEO of Bright Machines.
Is Bright Machines a funded company?
Bright Machines is a funded company, having raised a total of $385M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $32M, raised on Oct 23, 2018.
What does Bright Machines do?
Bright Machines was founded in 2018 and is based in San Francisco, United States. Solutions in the automation sector for electronics manufacturing are offered. Modular robotic cells are integrated with AI-powered software, computer vision, and data intelligence. Components are assembled and inspected through this platform. Operations focus on streamlining manufacturing processes in the industry.
Who are the top competitors of Bright Machines?
Bright Machines's top competitors include Vicarious, Universal Robots and Yaskawa.
Who are Bright Machines's investors?
Bright Machines has 12 investors. Key investors include Microsoft, Nvidia, SVB, Flex, and J P Morgan.
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