brightmachines.comIndustrial / Industrial softwareFounded: 2018Funding to Date: $2.33B
Bright Machines is a technology company that builds smart robotics and software designed to optimize manufacturing processes. Through its integration of machine learning and hardware infrastructure, Bright Machines seeks to enable manufacturers to accelerate production while also striving to ensure consistent and high-quality outcomes. Bright Machines was founded in 2018 and is headquartered in San Francisco, CA. The company’s systems aim to offer an all-inclusive solution that increases productivity and delivers actionable insights so manufacturers can adapt as markets change.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/25/2024 | Series C | $94.98MM | $xx.xx | $271.16MM | Blackrock, Eclipse, Jabil, Microsoft, Nvidia, Shinhan Securities | |
Price per Share
$xx.xx
Shares Outstanding
15,828,831
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Eclipse, Jabil, Microsoft, Nvidia, Shinhan Securities
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06/25/2024 | Series C-1 | $11.02MM | $xx.xx | $271.16MM | Blackrock, Eclipse, Jabil, Microsoft, Nvidia, Shinhan Securities | |
Price per Share
$xx.xx
Shares Outstanding
9,421,009
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Eclipse, Jabil, Microsoft, Nvidia, Shinhan Securities
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10/31/2022 | Series B Nonvoting | $25.23MM | $xx.xx | $864.16MM | Eclipse Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,204,142
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Eclipse Ventures
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10/31/2022 | Series B | $74.77MM | $xx.xx | $864.16MM | Eclipse Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,461,747
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Eclipse Ventures
|
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10/23/2018 | Series A | $148.12MM | $xx.xx | $745.87MM | Eclipse Ventures, Flex | |
Price per Share
$xx.xx
Shares Outstanding
24,686,179
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Eclipse Ventures, Flex
|
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08/31/2018 | Series Seed-3 | $43.89MM | $xx.xx | $211.76MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
18,943,164
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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05/02/2018 | Series Seed-2 | $40MM | $xx.xx | $79.67MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
35,574,220
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
0.9x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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03/16/2018 | Series Seed-1 | $10MM | $xx.xx | $12.75MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
20,000,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
0.9x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|