Arda Industries raises $160m Series A for manufacturing AI
Altimeter, Accel and Khosla Ventures co-lead at a $1.5bn valuation.
Arda Industries disclosed a $160 million Series A on October 20 at a $1.5 billion valuation. Altimeter, Accel and Khosla Ventures co-led the financing, which follows a separate $72 million seed round.
The San Francisco company’s software turns product designs into assembly plans and updates instructions as designs change. It will grow its engineering and research teams, expand manufacturing deployments and develop robotics models for assembly automation. Anduril already uses its technology within ArsenalOS.
Use of funds
Grow engineering and research teams
Expand manufacturer deployments
Develop robotics models for assembly automation