GrayMatter Robotics Secures $45M to Address Manufacturing Labor Shortages
The LA-based startup's physics-informed AI aims to enhance productivity and quality in high-variability environments.
- GrayMatter Robotics has raised a total of $70 million, with the latest $45 million Series B round led by Wellington Management.
- The company's AI-powered robots self-program to handle high-mix, high-variability manufacturing tasks, improving efficiency and consistency.
- GrayMatter's technology is already deployed across various sectors, including aerospace, defense, and consumer products.
- The startup's solutions are reported to be 2-4 times faster than manual labor and reduce consumable waste by 30% or more.
- The new funding will be used to expand the team and develop next-gen AI robotic cells for broader applications.