Automation technology storage bright

What does Bright Machines do?

It leverages computer vision, machine learning, 3D simulation, and adaptive robotics to fundamentally change the flexibility, scalability, and economics of production. With more than 500 employees worldwide, Bright Machines operates R&D centers in the U.S. and Israel, with additional field operations in the U.S., Mexico, China, and Poland.

Where is Bright Machines based?

With more than 200 employees worldwide, Bright Machines is headquartered in San Francisco, California. Bright Machines has been previously named “Best AI-based Solution for Manufacturing” by AI Breakthrough, “Technology Pioneer” by the World Economic Forum, and one of “America’s Most Promising Artificial Intelligence Companies” by Forbes.

Can Bright Machines upend traditional manufacturing methods?

Carl Bass, chairman of the board at Bright Machines and former CEO of Autodesk, Inc., said, “It is clear that Bright Machines’ differentiated, software-driven approach to industrial automation has the potential to completely upend traditional manufacturing methods.

What will Bright Machines do with the funds raised?

Bright Machines will use the funds raised to accelerate the company’s growth through expanding into new markets and developing additional software in areas such as production analytics and quality inspection.

What is Bright Machines' privacy policy?

Bright Machines is committed to respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested. Privacy Policy.

Does Bright Machines have a growth rate?

In light of this, Bright Machines has reportedly doubled its revenue each year since its inception and is projecting a five-year compound annual growth rate (CAGR) of over 84 percent between 2020-25. “I am very proud of the solutions we’ve delivered and the positive benefits our customers have realized as a result,” added Hanspal.