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Re:Build, which spun out Slate Auto, raises $2.1B

CN
CitrixNews Staff
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Re:Build, which spun out Slate Auto, raises $2.1B

Re:Build, the Massachusetts-based manufacturing accelerator that spun out EV startup Slate Auto in 2023, has raised $2.1 billion

The company said Tuesday that it will use the funding to “expand Re:Build’s capacity to manufacture hard tech products and launch new industrial startups,” which will “ensure the most innovative products can be made in America for generations to come.” The investment was led by General Catalyst and JPMorganChase’s Strategic Investment Group. Other investors weren’t disclosed.

Originally reported by TechCrunch. Read the full story at the original source.