Re:Build, the manufacturing accelerator behind Slate Auto, raises $2.1B led by General Catalyst and JPMorganChase
Re:Build, the Massachusetts-based manufacturing accelerator that spun out EV startup Slate Auto in 2023, has raised $2.1 billion. The round was led by General Catalyst and JPMorganChase's Strategic Investment Group; other investors were not disclosed. Re:Build says it will use the funds to expand its capacity to manufacture hard tech products and to launch new industrial startups. The raise reflects growing capital flowing into US manufacturing and supply chains as a hedge against dependence on China. The article is business news and describes no cyber threat, vulnerability or incident.
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Re:Build, the manufacturing accelerator behind Slate Auto, raises $2.1B led by General Catalyst and JPMorganChase
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Re:Build, the Massachusetts-based manufacturing accelerator that spun out EV startup Slate Auto in 2023, has raised $2.1 billion. The round was led by General Catalyst and JPMorganChase's Strategic Investment Group; other investors were not disclosed. Re:Build says it will use the funds to expand its capacity to manufacture hard tech products and to launch new industrial startups. The raise reflects growing capital flowing into US manufacturing and supply chains as a hedge against dependence on China. The article is business news and describes no cyber threat, vulnerability or incident.