Business2 sources

Arda Industries, founded by ex-OpenAI chief, raises $232M for US factories

  • Arda Industries, founded by Bob McGrew, raised $232M in funding.
  • The company's AI software converts new product designs into working assembly lines.
  • The funding includes a $160M Series A at a $1.5B valuation.
  • Investors include Altimeter, Accel, and Khosla Ventures.
  • Arda aims to revive U.S. manufacturing using AI technology.
Arda Industries, founded by ex-OpenAI chief, raises $232M for US factories | Split Angle