Re:Build raised $2.1 billion in new funding. General Catalyst and JPMorganChase's Strategic Investment Group led the round. The advanced manufacturing company helps industrial innovators design and make products at scale in America.
Funding details
The new capital will expand Re:Build's manufacturing capacity and product ecosystem. It will also support the launch of new industrial startups. The company's founding team has now raised more than $4 billion to date.
Company footprint
Re:Build was founded in 2020. It employs more than 2,100 people in the U.S. It operates over 2.4 million square feet of advanced manufacturing space.
Two operating models
Re:Build works with customers from early product design through large-scale production. It also incubates startups in underserved industrial markets. Its incubated companies include Slate, Neon Aero, and Ensorcell.
Re:Build plans to create tens of thousands of U.S. jobs over the next decade. It expects to expand across aerospace and defense, electrification, medical, energy and environment, and robotics and automation. The company says the capital will support long-term growth.