Machina Labs Announces Investment from Yamaha Motor Ventures

Rhea-AI Summary

Machina Labs has secured an investment from Yamaha Motor Ventures, aimed at enhancing manufacturing agility through AI and robotics. The funds will accelerate growth and allow for the introduction of new alloys, alongside existing sheet metal and titanium offerings. Yamaha's COO highlighted the investment as a strategic fit due to the high quality and precision required in their industries. Machina Labs emphasizes fast production capabilities, delivering metal products in days instead of months. Founded in 2019, the company is focused on developing modular manufacturing solutions through advancements in AI.

Positive

• Investment from Yamaha Motor Ventures to accelerate Machina Labs' growth.
• Ability to introduce new alloys, enhancing product offerings and market competitiveness.
• Rapid production capabilities reducing time to market for customers.

Negative

• None.

Combination of Robots and AI Brings Agility to Manufacturing

LOS ANGELES--(BUSINESS WIRE)-- Machina Labs today announced an investment from Yamaha Motor Ventures, the strategic business development and investment arm of Yamaha Motor Co., Ltd. (Tokyo: 7272). Machina Labs combines AI and robotics to rapidly manufacture advanced sheet metal products.

Machina Labs (Photo: Business Wire)

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.

“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 & 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 increases our speed of innovation. With an addressable market in the billions, we’re excited to play a role in Machina’s success.”

“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.”

Machina Labs uses robots the way a blacksmith uses a hammer creatively to manufacture different designs and material, introducing unseen 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 competitive advantage.

About Machina Labs

Founded in 2019 by aerospace and automotive industry veterans, Machina Labs is an advanced manufacturing company based in Los Angeles, California. Enabled by advancements in artificial intelligence and robotics, Machina Labs is developing Software-Defined Factories of the Future. The mission of the company is to develop modular manufacturing solutions that can be reconfigured to manufacture new products simply by changing the software. For more information, please visit https://www.machinalabs.ai/

About Yamaha Motor Ventures

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. Headquartered in the home of innovation, Silicon Valley, Calif., Yamaha Motor Ventures offers a wealth of business development resources to startup companies to drive innovation forward in the fields of mobility, sustainability, robotics, fintech, insurtech, food and agriculture, health and wellness. For more information visit www.ymvsv.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230215005148/en/

Tim Smith

Element Public Relations, for Machina Labs

tsmith@elementpr.com

415-350-3019

Source: Machina Labs

FAQ

What is the significance of the investment from Yamaha Motor Ventures in Machina Labs?

The investment will help Machina Labs enhance its manufacturing capabilities and accelerate growth to meet customer demand.

What technologies does Machina Labs employ in its manufacturing process?

Machina Labs utilizes AI and robotics for rapid manufacturing of metal products and innovative designs.

When was Machina Labs founded?

Machina Labs was founded in 2019 by veterans from the aerospace and automotive industries.

How does Machina Labs differentiate itself in the manufacturing industry?

The company combines dieless sheet metal forming with robotics and AI, allowing for unprecedented agility and flexibility.

What markets does Machina Labs address with its products?

Machina Labs targets various industries requiring high-quality and precise metallurgic products.