ARRIS, a complicated producer specializing in high-performance composites, has raised $88.5 million in Collection C funding. Led by XN, the spherical noticed participation from new and returning traders, together with Fashionable Enterprise Companions, New Enterprise Associates (NEA), Taiwania Capital, Bosch, Valo Ventures, and Alumni Ventures Group.
The newest funding will likely be used to additional scale the corporate’s world operations to satisfy an rising demand for medium- to high-volume manufacturing of merchandise requiring ARRIS’ distinctive design and manufacturing capabilities. ARRIS has now raised $147 million up to now, which incorporates help from strategic traders throughout the worldwide manufacturing area, resembling Customary Industries, Chuo Malleable Iron, and an undisclosed moveable electronics firm, along with Bosch.
“ARRIS’ Additive Molding expertise is reworking how next-generation merchandise are made, enabling important industrial and sustainability enhancements throughout a lot of our most crucial industries,” mentioned Gaurav Kapadia, Founding father of XN. “We’re excited to associate with Ethan, Riley, and your complete ARRIS group as they dramatically increase using high-performance composite supplies all through the worldwide economic system.”
Based in 2017, ARRIS pioneered the event of a patented end-to-end automated manufacturing expertise that mixes the perfect of superior composites, additive and high-volume manufacturing strategies to allow design latitudes not beforehand attainable in mass-produced merchandise.
In 2020, ARRIS expanded its R&D facility in Berkeley, California, to incorporate a devoted new product introduction heart for patrons and U.S.-based manufacturing capability. The ARRIS Taiwan manufacturing facility broke floor in 2020 and has almost 45,000 sq. ft of extra capability to serve key moveable electronics clients who require product meeting abroad.
“Our firm is at an inflection level with U.S. manufacturing in full swing, a brand new mass-production facility abroad, and clients profitable design awards and receiving industry-wide recognition for his or her ARRIS-enabled merchandise. The XN group possesses a deep information of the right way to scale sturdy companies and is the best associate to assist ARRIS obtain its subsequent degree of progress,” mentioned Ethan Escowitz, CEO and Founder at ARRIS.
ARRIS serves world-class clients throughout the patron merchandise and sports activities, client electronics, aerospace, drone, authorities, industrial, and automotive industries. Latest partnerships exemplify the worth ARRIS, and its expertise can carry to clients:
Main unmanned aerial car (UAV) producer Skydio introduced using ARRIS components in its Skydio X2 drone. ARRIS’ components enable Skydio to scale back weight and thereby improve the velocity and vary of its high-performance drones.
The U.S. Military’s Fight Capabilities Growth Command Floor Car Methods Heart (DEVCOM GVSC) introduced a partnership with ARRIS to display important car weight reductions by means of half consolidation, topology optimization, and an aligned steady carbon fiber composite construction.
ARRIS introduced a analysis challenge with world industrial plane producer Airbus targeted on the manufacturing of cabin brackets. The challenge goals to display important reductions in aviation emissions by leveraging modern manufacturing strategies and supplies, together with composites. Changing metallic brackets with ARRIS’ steady fiber composite components can obtain greater than 75% weight financial savings, which interprets into important gasoline financial savings.
“We’re working with a number of the most recognizable manufacturers throughout industries to unravel the toughest product engineering challenges that demand a brand new degree of efficiency and design capabilities,” mentioned Riley Reese, CTO and Co-Founder at ARRIS. “This subsequent part at ARRIS will broaden entry to our design and manufacturing instruments as we proceed to increase the partnerships we’ve got with the world’s most modern corporations.”
“We first met ARRIS in 2018, and have been thrilled to have the chance to steer their Collection A financing,” mentioned Greg Papadopoulos, Ph.D., Enterprise Associate at NEA. “Our pleasure has solely grown having seen their buyer traction, capacity to execute, and management as a pioneer within the composites manufacturing area. This progress is a testomony to the expertise and perseverance of Ethan, Riley, and the group, and we’re grateful to associate with them on this subsequent part of progress.”
With ongoing recruitment throughout all ARRIS areas, area consultants make use of robotics, automation, materials improvement, engineering disciplines, and software program improvement to allow award-winning breakthrough product differentiation for patrons. ARRIS was ranked as one in all Quick Firm’s “10 Most Progressive Producers of 2021.” Extra recognitions embrace East Bay EDA’s 2021 Innovation Award in Superior Manufacturing, the Enterprise Intelligence Group’s 2021 BIG Innovation Annual Award, the Chicago Athenaeum’s GOOD DESIGN Award for 2021, and Purple Dot’s 2020 Design Idea Award.