This two-year-old startup already programs Blue Origin’s rockets. It just raised $20M.
The hottest pitch in AI right now is not another chatbot. It is software that can run the machines on a factory floor, and a two-year-old Israeli startup has just raised $20m on the strength of programming parts for Jeff Bezos’s rockets.
Limitless Labs, formerly LimitlessCNC, closed a $20m Series A co-led by Dell Technologies Capital and Square Peg, with Grove Ventures, Meron Capital and Kinetica. That takes total funding to $27.3m.
The Tel Aviv company builds an AI agent for CNC machining, the precision metal-cutting behind everything from rocket engines to medical implants. Feed it a 3D design file and it picks the cutting tools, sequences the operations and generates a ready-to-run machine program, cutting programming time by up to half.
Capturing knowledge before it retires
The problem it is chasing is demographic. Nearly a quarter of US manufacturing workers are 55 or older, some 409,000 factory jobs sit...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE
