Bright Machines

Manufacturing firm Bright Machines raises $132M after unfulfilled SPAC deal

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. As the temperatures for the phenome

Extra Crunch roundup: Jam City SPAC, startup PR, telemedicine market map, more

Full disclosure: the second time I worked at a startup founded by Mark Pincus, his dog Zinga slept behind my desk and I was one of her favorite dog-sitters.

Industrial automation startup Bright Machines hauls in $435M by going public via SPAC

After the transaction is consummated, the startup will sport an anticipated equity valuation of $1.6 billion.

Eclipse Ventures has $500 million more to digitize old-line industries and bring them up to speed

Two years ago, we talked with Lior Susan, the founder of now six-year-old Eclipse Ventures in Palo Alto, California. At the time, the outfit believed that the next big thing wasn’t another socia

Bright Machines wants to put AI-driven automation in every factory

There’s a mythology around today’s factories that says everything is automated by robotics, and while there is some truth to that, it’s hard to bring that level of sophistication to

VC Lior Susan has a big idea that seems to be working: building next-generation industrial companies

Many investors in Silicon Valley are waiting for the next big platform. That’s fine with Lior Susan, a former Flex exec who in 2015 co-founded Eclipse Ventures with the legendary venture capital

Bright Machines lands $179M to bring smarter robotics to manufacturing

Robotics has had a role in manufacturing since the 1970s, but even today they are aren’t often driven by the latest software. Bright Machines, a San Francisco startup wants to change that and it