First Resonance, Inc., a downtown-based manufacturing technology startup, raised $3.5 million in Series A funding to develop its platform for multiple industries.
The round was led by Beverly Hills-based Blue Bear Capital, a venture capital firm that invests in companies that apply new technologies to the energy supply chain, according to the firm’s website.
“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,” Vaughn Blake, a partner with Blue Bear Capital, said in a statement.
“First Resonance's software ignites that revolution by enabling the manufacturing workflows required to electrify transport, reach orbit, and propel satellites.”
First Resonance said it has now raised a total of $5.3 million.
The company is backed by eight other firms, including Santa Monica-based Wavemaker Partners and Westwood-based Fika Ventures.
Founded in 2018, First Resonance aims to create manufacturing systems with better user interfaces for industries such as energy, transportation and aerospace. Its ion Execute product is made to streamline design and execution of manufacturing, while its ion Trace product was built to keep track of assembly, according to the company.
The First Resonance team includes engineers from Space Exploration Technologies Corp., NASA, Zoox, Inc. and Toyota Motor Corp. Along with continued development of its products, the new funding will be used to bolster staffing, First Resonance said.
First Resonance clients include Santa Cruz-based Joby Aviation, San Mateo-based Cobalt Robotics, Mountain View-based Matternet and Alameda-based Astra, according to the company.
"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," Karan Talati, co-founder and chief executive of First Resonance, said in a press release.