Foundry Robotics raises $100M Series A to scale AI factories

Foundry Robotics, an autonomous assembly factory startup, has raised a $100 million Series A round to scale up its operations and expand into a 130,000-square-foot California facility. Co-founder and CEO Adarsh Kulkarni states that the company uses AI-powered robotics foundation models and its proprietary Foundry OS to assemble diverse hardware products like drones, batteries, and satellites under one roof. By focusing on manufacturing processes rather than individual products, the company aims to reduce product changeover times from months to weeks. Open article →