EXPLORINEER
en

US — TechCrunch

Re:Build, which spun out Slate Auto, raises $2.1B

Policy1 min read

Re:Build, a Massachusetts company that helps build factories and new manufacturing startups, has raised $2.1 billion. It is also the company that helped spin out the electric car startup Slate Auto.

A big new funding round

Re:Build said it will use the new money to make more hard tech products and to start new industrial startups. General Catalyst and JPMorganChase's Strategic Investment Group led the investment. The company did not name its other investors.

Key numbers

  • Funding raised: $2.1 billion
  • Founded: 2020
  • Employees in its U.S. companies: more than 2,100
  • Manufacturing space: more than 2.4 million square feet
  • Slate Auto has raised at least $1.4 billion since its spin-out

Why manufacturing is in the spotlight

Re:Build is part of a wider push to make things in the United States again. Many people want to rebuild factories and supply chains here, partly so the country depends less on China. Re:Build also has close ties to Amazon. Its co-founder Jeff Wilke was once Amazon's commercial CEO, and several of its leaders also worked at Amazon.

Why it matters

The money shows that investors believe factories and hardware can be a strong business again. Supporters say this could create jobs and help the U.S. compete with China. Re:Build's leaders say the goal is to make the most new products in America for many years to come.

What to watch

  • Which new startups Re:Build launches with this money
  • How much Slate Auto's low-cost pickup truck progresses
  • Whether other investors join and what they say
  • Whether more money flows into U.S. factories and supply chains

Glossary

Re:Build
A company that partners with industrial firms to design and make products, and that starts new manufacturing startups.
Slate Auto
An electric vehicle startup that was spun out of Re:Build in 2023, aiming to make a low-cost, customizable pickup truck.
General Catalyst
An investment firm that backs startups, and that led this funding round.
JPMorganChase
A large U.S. bank whose Strategic Investment Group led this funding round.

Same story, different eyes

Ad

Add 150 words. Learn 10 a day.

Dicter word books send only the words you learn to your review notes.

More in this topic

PolicyThe Verge

Trump is making it easier for fossil fuel companies to leak methane

The Trump administration is expected to announce plans to weaken EPA rules that curb methane leaks from oil and gas operations, reversing Biden-era standards meant to cut methane emissions by 80 percent over 14 years. EPA Administrator Lee Zeldin says the rollbacks would save companies $45 billion, while the previous rules would have cost $18 billion. Health and environmental advocates have strongly criticized the move, noting that methane is a potent greenhouse gas that accounts for about 30 percent of global warming so far.

PolicyTechCrunch

Disruptive raises $10B fund to make big bets on at least 10 companies

Dallas-based investment firm Disruptive announced a $10 billion fund to back at least 10 late-stage companies, with checks of up to $1 billion. The firm, whose past bets include Palantir, Airbnb, and Spotify, is targeting the capital-intensive fields of AI and defense. This is its first blind-pool fund, after previously raising money through deal-by-deal special purpose vehicles.

PolicyVnExpress

Vietnam International Digital Week 2026 Opens Today

The three-day Vietnam International Digital Week 2026 (VIDW 2026) opens today in Quảng Ninh with about 500 delegates from regulators, international organizations and technology companies. The program includes a ministerial round table on digital and artificial intelligence (AI), international cooperation forums, specialized conferences and product showcases, running through October 30.

Policy전자신문

Universities' Technology Driving Regional Business Growth? Gyeonggi-do and GTP Hold Future Growth Fair

Gyeonggi-do and the Gyeonggi Institute of Science and Economy Promotion's Gyeonggi Anchor Center held the "2026 Gyeonggi-do Industry-Academia Future Growth Fair" over two days starting on the 27th at the GTP Gwanggyo office. Twenty-two universities in the province took part, running 19 programs and 27 exhibition and experience booths, with 300-plus attendees at the opening. The event aims to link university technology and talent with corporate demand through technology exchange, investment, and talent development opportunities.