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Venture Capital News: Launchpad.build Secures Strategic Investment

2023-11-15
IRWINDALE, CA, Launchpad.build, a cutting edge U.S.-based technology company, closed a strategic funding round with an investment from Lockheed Martin Ventures.
Launchpad.build, a cutting edge U.S.-based technology company using AI to deliver next-generation capabilities in robotics and automation, has closed a strategic funding round with an investment from Lockheed Martin Ventures, the venture arm of Lockheed Martin.

Launchpad.build is a developer of AI-powered assembly planning software and autonomous assembly systems. Typical assembly methods require a high labor component or expensive, rigid automation infrastructure that requires high-rate, repeatable production to justify financially.
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