Fenwick represented Machina Labs, a developer and manufacturer of robots intended to automate metal forming and fabrication processes, in its $16.3 million Series A financing. The round was led by Innovation Endeavors with participation from Congruent Ventures and Embark Ventures.
Machina Labs will use the funds to grow its team in Los Angeles and to expand its research and development and manufacturing capacity to meet rapidly increasing customer demand. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Michael Brown and included associate Aaron Ginsburg.