Bright Machines, which automates manufacturing tasks with AI and robotics, raised a $100M Series B and $32M in debt after pulling its SPAC deal in December 2021 (Brian Heater/TechCrunch)
Brian Heater / TechCrunch:
Bright Machines, which automates manufacturing tasks with AI and robotics, raised a $100M Series B and $32M in debt after pulling its SPAC deal in December 2021 — In May of last year, Bright Machines announced plans to embrace the SPAC craze with a merger deal that valued the Bay Area-based manufacturing firm at $1.6 billion.