A consortium of investors participated in a $124 m Series C round in Machina Labs.

A consortium of investors, including Balerion Space Ventures, Lockheed Martin Ventures, Woven Capital, and Strategic Development Fund, an Abu Dhabi-based investment entity owned by EDGE group, participated in a $124 m Series C round in Machina Labs. “The world’s most advanced designs are being held back by 20th-century factories. This round allows us to scale manufacturing infrastructure that moves at the speed of software. We’re not just making parts, we’re reprogramming the factory itself to serve defense, aerospace, and automotive customers who can’t afford to wait,” Edward Mehr, Machina Labs CEO and Co-Founder.