Thursday, February 16, 2023

Machina Labs Finds Funding From Yamaha

Los Angeles-based Machina Labs, a startup that is using artificial intelligence and robotics for rapidly manufacturing sheet metal products, has raised a round of investment from Yamaha Motor Ventures. According to the company, the funding will go to accelerate its growth. Yamaha Motor Ventures is the strategic business development and investment arm of Yamaha Motor Co. Ltd. Size of the investment was not announced. Edward Mehr is the CEO and Co-founder of Machina Labs; Yamaha Motor Ventures' lead on the deal with COO and Managing Director Anish Patel.