Fundraise

Foundry Robotics lands $100M to own and run AI-powered factories

What's the deal? Foundry Robotics has raised a $100 million Series A led by MarlinspikeDealroom has a profile for this one. Try Dealroom → Partners to build and operate autonomous factories for complex assembly. Khosla Ventures, Red Glass VenturesDealroom has a profile for this one. Try Dealroom →, SE VenturesDealroom has a profile for this one. Try Dealroom →, Wing VCDealroom has a profile for this one. Try Dealroom →, Axiom VenturesDealroom has a profile for this one. Try Dealroom →, Hanabi, and Zero Shot FundDealroom has a profile for this one. Try Dealroom → also joined the oversubscribed round.

What's the endgame? The Emeryville, California company runs a manufacturing-as-a-service model: it owns the buildings, deploys AI-powered robotic "cells," and takes customers from design to production in weeks without new production-line investment. Its FoundryOS system links robots, the factory floor, and the cloud, and each production run feeds back into the models.

What it builds: Foundry targets high-value, complex electro-mechanical products where production is constrained — drones, autonomous vehicle subassemblies, satellites, wire harnesses, and more. The same robotic cell that assembles a drone today can learn to build a satellite component tomorrow.

Why now? "Production capacity is a national constraint on getting unmanned systems to the fleet," said Duane Fotheringham, president of HII Unmanned Systems. Founder and chief executive officer Adarsh Kulkarni argues factories reviving US manufacturing "will need to be rethought from the ground up rather than retrofitting one aspect in an existing factory."

The expansion: The funding will build out a 130,000-square-foot Emeryville facility — a twentyfold increase in Foundry's manufacturing footprint — and support defense and commercial production. The money will also grow its robotics research, engineering, and factory operations teams.

The signal: The raise sits in the top 3% of all US deep-tech Series A rounds on record, landing amid a funding rush for AI-driven factory automation — Arda IndustriesDealroom has a profile for this one. Try Dealroom → launched this month with $232 million and Maven RoboticsDealroom has a profile for this one. Try Dealroom → announced a $100 million Series A in September. Foundry's distinction is owning and operating the factories rather than selling software or robots, making it a large bet on manufacturing capacity as a service; claims of an "autonomous factory" will be tested by repeatable production at scale.

Read more: business.theeveningleader.com

Image credit: Foundry Robotics

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