Machina Labs Announces Investment from Yamaha Motor Ventures
Yamaha said it invested in Machina Labs because of its ability to "rapidly iterate, improve, and manufacture metallurgic products."
Yamaha has invested an undisclosed amount to Machina Labs to help it build out its autonomous systems used in industrial settings.
Robotics 24/7 Staff
· February 21, 2023
Machina Labs last week announced an investment from Yamaha Motor Ventures, the strategic business development and investment arm of Yamaha Motor Co., Ltd. Machina Labs said it combines AI and robotics to rapidly manufacture advanced sheet metal products. The companies did not share how much money Yamaha invested.
The investment will be used to accelerate company growth to meet customer demand and to introduce new alloys in addition to sheet metal and titanium.
Machina Labs said it uses robots the way a blacksmith uses a hammer creatively to manufacture different designs and materials, introducing flexibility and agility to the manufacturing industry.
The company combines the latest advances in AI and robotics to deliver finished metal products in days – not months or years – and gives customers unprecedented time to market and a competitive advantage.
Founded in 2019 by aerospace and automotive industry veterans, Machina Labs is an advanced manufacturing company based in Los Angeles, Calif.
Understanding Software-Defined Factories of the Future
Enabled by advancements in artificial intelligence and robotics, Machina Labs is developing Software-Defined Factories of the Future.
Yamaha Motor Ventures is a wholly-owned subsidiary of Yamaha Motor Co., Ltd. (YMC). Founded in 2015 in support of YMC’s long-term goal to contribute to society through business, Yamaha Motor Ventures manages USD $200 million across two funds focused on seed to Series B investments.
“Many of the industries in which Yamaha are involved – maritime, land mobility, food & agriculture, and more – require high levels of quality and precision at bespoke product volumes,” said Anish Patel, COO and managing director at Yamaha Motor Ventures. “For this reason among others, our investment in Machina Labs is an ideal fit. Their ability to rapidly iterate, improve, and manufacture metallurgic products increase our speed of innovation.”
“With an addressable market in the billions, we’re excited to play a role in Machina’s success,” Patel said.
“If you can imagine a metal part, there’s a very good chance we will be able to build it using our innovative combination of dieless sheet metal sheet forming, robotics, and AI,” according to Edward Mehr, CEO and co-founder of Machina Labs. “Yamaha is a brand long associated with innovation, creativity, and excellence. All of us at Machina Labs are excited at the prospect to benefitting from their investment and guidance.”
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