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Multiply Labs raises $75M to optimize pharmaceutical manufacturing with robots

Industrial machinery with robotic arm in a modern manufacturing facility.
Illustrative photo.Photo by Freek Wolsink on Pexels

What happened

Multiply Labs Inc., a startup that develops automation equipment for drugmakers, has raised $75 million in funding. The group included AstraZeneca plc and Teradyne Inc., a robotics […] The post Multiply Labs raises $75M to optimize pharmaceutical manufacturing with robots appeared first on SiliconANGLE .

Prominent medical researcher Patrick Soon-Shiong led the deal. Multiply Labs stated in today’s funding announcement that the Series B (an early stage of company funding) raise also drew more than a half-dozen other backers.

Sources & evidence