Re:Build Manufacturing Raises $2.1 Billion to Scale US Factories

Re:Build Manufacturing, a US company that designs and builds products for other firms, has raised $2.1 billion in a late-stage funding round. General Catalyst and the Strategic Investment Group of JPMorganChase led the round. General Catalyst first invested in the company in 2024.

Founded in 2020 and based in Massachusetts, Re:Build designs and manufactures products in aerospace and defense, electrification, medical technology, energy and robotics. It also helps develop new industrial startups. The company says it gets involved in production from the product design stage, factoring manufacturing constraints into design so that products can be made faster and at lower cost.

An ecosystem of industrial startups

Re:Build's ecosystem employs more than 2,100 people and operates roughly 223,000 square meters of manufacturing space. Electric vehicle startup Slate Auto was developed within Re:Build and became a separate company in 2023. Another backed venture is Neon Aero, which develops aerospace components.

The company plans to use the new capital to expand its manufacturing infrastructure and to launch additional industrial ventures. Re:Build says it aims to create tens of thousands of new jobs in the United States over the next decade.

Leadership and strategy

The management team includes people with an Amazon background. Co-founder Jeff Wilke and Wei Gao, who leads digital products, both previously worked at Amazon. Wilke views the deindustrialization of the United States as both an economic problem and a national security risk. The company's growth plans center on building a system in which advanced technology products can be designed and made in the US.

Co-founder and CEO Miles Arnone stressed that building manufacturing infrastructure requires long-term capital. According to Arnone, the new funding will let Re:Build commit resources on timelines that match its customers' development and production schedules, and will speed up work on large-scale US manufacturing capacity.