Add as a preferred source on GoogleArda Industries Raises $160 Million Series A, Bringing Total to $232 Million
The manufacturing AI company previously raised a $72 million seed round and was valued at $1.5 billion in its latest financing.
Arda Industries raised $160 million in a Series A round, bringing its total funding to $232 million as it develops AI software to help manufacturing engineers build and adjust factory assembly lines.
The total includes a $72 million seed round. Altimeter Capital, Accel and Khosla Ventures led the latest financing, which valued Arda at $1.5 billion.
Arda’s software and AI agents are designed to help engineers set up assembly lines and revise them when product designs change. The company was founded by Bob McGrew, who previously led research at OpenAI and product and engineering at Palantir.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.