Stealth-stage manufacturing technology startup Auto has reportedly secured $200m in funding in the 10 months since it was spun off from Flex.
Auto, a stealth-stage US-based manufacturing technology developer spun out of manufacturing services provider Flex, has raised $200m from undisclosed investors, Axios reported yesterday.
The company was spun out of Flex in July 2017 and has more than 400 employees and “tens of millions of dollars in recognised revenue,” a source close to the company told Axios.
Flex retains a minority stake in Auto, and its investors include Eclipse Ventures, the venture capital firm founded by Lior Susan, who had previously…
