SendCutSend, a sheet metal manufacturing startup, raised $110 million in funding. Co-founder and CEO Jim Belosic bootstrapped the company using debt before this capital raise.
96% of machine builders have started to deploy AI in internal operations, and many have brought AI features into machine software and machines themselves, according to a survey by IoT Analytics of 120 decision-makers across 22 machinery sub-industries.
In Q1 2026, Lightwheel closed approximately $100 million in orders across Physical AI infrastructure, including simulation, data generation, evaluation, and deployment-oriented systems.
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