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

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Re:Build, the Massachusetts-based manufacturing accelerator that spun out EV startup Slate Auto in 2023, has raised $2.1 billion The company said Tuesday that it will use the funding to “expand Re:Build’s capacity to manufacture hard tech products and launch new industrial startups,” which will “ensure the most innovative products can be made in America for generations to come.” The investment was led by General Catalyst and JPMorganChase’s Strategic Investment Group. Multiple other Re:Build executives also worked for the e-commerce giant. Re:Build claims to have “launched hundreds of products and production systems” over its six-year existence.

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