LOS ANGELES—First Resonance, a start-up aiming to transform manufacturing with a new Factory Operating System used by cutting-edge hardware companies, recently announced a new round of funding, led by Blue Bear Capital, which brings its funds raised to date to more than $5 million. The new capital will be used to expand the First Resonance team to support continued development of its unique approach to manufacturing, the company said in a release.
First Resonance’s customers include Joby Aviation, Matternet, Cobalt Robotics, and Astra—companies that are not only inventing new types of products but also new ways to build them. The First Resonance Factory Operating System, ion, takes a fresh perspective on manufacturing, eliminating many of the needless and outdated structures for managing workflows. According to First Resonance, it replaces them with flexible, connected, and data-driven workflows that the new generation of manufacturers—taking on big challenges like climate change, congestion, and sustainability—need to be successful.
“At the global level, the revolution of next-gen manufacturing is critical to solving the climate and mobility challenges that we’ll be facing in the years ahead,” said Vaughn Blake, partner, Blue Bear Capital, in the release. “First Resonance’s software ignites that revolution by enabling the manufacturing workflows required to electrify transport, reach orbit, and propel satellites. At the local level, Blue Bear couldn’t be more thrilled to invest in and support another ground-breaking Los Angeles company, alongside some of the sharpest investors in the city.”
First Resonance’s approach to manufacturing is informed by its team’s background at companies like SpaceX, NASA, Zoox, and Toyota. After experiencing bottlenecks building modern hardware products using standard manufacturing processes, the First Resonance team set out to build a manufacturing platform to help engineers move quickly, collaborate with their teams efficiently, and make decisions automatically.
According to First Resonance, today’s factories have evolved from a mechanical, robotic, mundane workflow into an experiment factory where companies need to test new R&D alongside production workflows. Using First Resonance’s ion manufacturing platform, engineers can track information at a granular level to find answers quickly in a complex and dynamic manufacturing environment. The ion platform is said to improve time-to-experiment, giving modern hardware companies the information leverage they need to quickly iterate and take on big challenges.
First Resonance said in the release that its ion platform addresses the needs of a manufacturing execution system market that is anticipated to grow to $14.9 billion by 2025. That figure is accelerating rapidly in response to the massive shift in supply chains brought on by a constantly shifting geopolitical landscape and COVID-19, the company said.
“First Resonance acquired over a dozen customers in 2020 as manufacturers looked for solutions to stay connected to their factories while working remotely, and to get game-changing innovations to market faster and cost effectively,” said Karan Talati, co-founder and CEO, First Resonance, in the release. “This new funding will allow us to expand our team with people who are passionate about building the foundation for how manufacturers will take on huge challenges like electric-powered air travel, autonomous vehicles, sustainable agriculture, clean energy, and more.”
First Resonance, headquartered in Los Angeles, is aiming to break down the barriers between design, manufacturing, and product delivery with its ion manufacturing platform. Its goal is to enable engineers who are building next generation hardware companies to “move faster and continuously innovate on delivering better hardware to the world,” the company said.