Launchpad.build Company Profile

Background

Overview

Launchpad.build, established in 2020, is a technology company specializing in AI-driven robotics and automation solutions for the manufacturing industry. The company is dedicated to reimagining manufacturing processes and revitalizing local economies by integrating advanced robotics with artificial intelligence. With offices in El Segundo, California, and Edinburgh, Scotland, Launchpad.build's technology is deployed in factories across the United States and Europe.

Mission and Vision

Launchpad.build aims to address labor shortages and enhance competitiveness in the manufacturing sector by combining proprietary AI-first technology with advanced robotics. The company's mission is to enable the future of manufacturing by increasing automation and improving utilization, thereby facilitating the optimal integration of humans and robots.

Industry Significance

In an era where the manufacturing industry faces significant challenges, including labor shortages and the need for cost-effective automation solutions, Launchpad.build's innovative approach offers a pathway to agile and adaptive manufacturing processes. By providing affordable, small-batch systems assembled on demand, the company contributes to the revitalization of local economies and the competitiveness of U.S.-based manufacturing in the global market.

Key Strategic Focus

Core Objectives

• Automation Integration: Develop and implement AI-driven robotics solutions that seamlessly integrate with existing manufacturing processes.

• Cost Efficiency: Provide affordable automation systems that reduce the time and cost associated with traditional manufacturing methods.

• Scalability: Offer flexible automation solutions capable of adapting to various production scales, from small-batch to high-volume manufacturing.

Areas of Specialization

• AI-Powered Assembly Planning: Utilize artificial intelligence to optimize assembly processes, enhancing efficiency and precision.

• Autonomous Assembly Systems: Develop systems capable of performing a wide range of assembly tasks without the need for custom software or fixtures.

Key Technologies Utilized

• Artificial Intelligence: Employ AI algorithms to recognize parts, determine optimal assembly sequences, and generate manufacturing quotes based on product CAD files.

• Advanced Robotics: Integrate robotics capable of performing tasks such as pick and place, fastening, and dispensing, facilitating on-demand, small-batch production.

Primary Markets Targeted

• Manufacturing Industry: Focus on sectors requiring agile and adaptive manufacturing processes, including automotive, electronics, and consumer goods.

• Local Economies: Support the revitalization of local manufacturing industries by providing scalable and cost-effective automation solutions.

Financials and Funding

Funding History

Launchpad.build has successfully secured multiple funding rounds to support its growth and technological development.

Total Funds Raised

The company has raised a total of $13.5 million in funding to date.

Recent Funding Rounds

• Series A Funding (October 2025): Raised $11 million to accelerate the development of innovative technology and meet demand from existing and new customers in the U.S., U.K., and Europe.

• Strategic Investment (November 2023): Received an undisclosed amount from Lockheed Martin Ventures to expand operations and business reach.

Notable Investors

• Lockheed Martin Ventures: Provided strategic investment to support the company's vision of agile and responsive manufacturing.

• Lavrock Ventures: Co-led the Series A funding round, contributing to the company's growth and technological advancements.

• Squadra Ventures: Co-led the Series A funding round, supporting Launchpad.build's mission to revolutionize manufacturing.

Utilization of Capital

The funds raised are allocated towards:

• Research and Development: Enhancing AI algorithms and robotics capabilities.

• Operational Expansion: Scaling operations to meet increasing demand in the U.S., U.K., and European markets.

• Customer Acquisition: Strengthening sales and marketing efforts to attract new clients and expand market presence.

Pipeline Development

Key Pipeline Candidates

Launchpad.build is focusing on the development of AI-powered assembly planning software and autonomous assembly systems designed to:

• Optimize Assembly Processes: Utilize AI to recognize parts and determine the most efficient assembly sequence.

• Enable On-Demand Manufacturing: Support small-batch, on-demand production without the need for custom software or fixtures.

Stages of Development

• Research and Development: Ongoing enhancement of AI algorithms and robotics integration.

• Pilot Testing: Deploying systems in select manufacturing environments to validate performance and gather feedback.

• Commercial Deployment: Scaling solutions for broader market adoption across various manufacturing sectors.

Target Conditions

The technology aims to address challenges such as labor shortages, high production costs, and the need for flexible manufacturing solutions in industries like automotive, electronics, and consumer goods.

Anticipated Milestones

• Short-Term (6-12 Months): Complete pilot testing and refine systems based on feedback.

• Medium-Term (1-2 Years): Achieve commercial deployment in key markets.

• Long-Term (3-5 Years): Expand global presence and continuously innovate to meet evolving manufacturing needs.

Technological Platform and Innovation

Proprietary Technologies

• Digitool: An AI-powered assembly planning software that recognizes parts and determines optimal assembly sequences based on product CAD files.

• Autonomous Assembly Systems: Robotic systems capable of performing tasks such as pick and place, fastening, and dispensing without the need for custom software or fixtures.

Significant Scientific Methods

• AI Algorithms: Advanced machine learning techniques to optimize assembly processes and adapt to various manufacturing scenarios.

• Robotics Integration: Combining AI with robotics to create flexible and scalable manufacturing solutions.

AI-Driven Capabilities

• Adaptive Manufacturing: Enabling systems to learn and execute manufacturing tasks, facilitating on-demand, small-batch production.

• Process Optimization: Utilizing AI to continuously improve assembly processes, reducing time and costs associated with traditional methods.

Leadership Team

Jon Quick – Chief Executive Officer

Jon is an experienced business leader with a history of successfully building and exiting world-class companies. Before joining Launchpad in 2023, he was CEO of two technology companies, a VP Partner (including around 10 years at a US$4.5 billion venture capital fund) and a consultant with Bain & Co. Jon is a member of Canada’s influential C100 tech network and a World Economic Forum contributor.

Yoav Zingher – President

Yoav is an entrepreneur and investor. Before starting Launchpad, he was the founder of KiWiPower, a leading smart grid energy company which he subsequently sold to Engie, one of the largest utilities in the world. Prior to that, he founded a mobile games company, co-founded a private equity fund, and developed ultra deepwater oil rigs worth $1.5 billion. He has an MBA from the London Business School.

Timothy Hunter – Vice President of Finance

Tim leads Launchpad’s financial strategy, investor relations, and global expansion efforts. He has a proven record scaling businesses, raising capital, and building financial infrastructure. As CFO of Migway Inc., he grew revenue from $70 million to $100 million and launched new subsidiaries. He began his career with Boston Consulting Group advising Fortune 500 clients on strategy and operations. Tim holds an Executive MBA from Brown University.

Siobhan Duncan – Head of Software

Siobhan is a robotics engineer who began her career as a researcher at the world-leading Edinburgh Centre for Robotics. Before joining Launchpad, she was a senior consultant at PA Consulting. Siobhan also worked as lead developer for a UK-based EdTech robotics start-up, where she helped develop and implement the company’s successful business strategy during the COVID-19 pandemic.

Competitor Profile

Market Insights and Dynamics

The manufacturing industry is experiencing significant challenges, including labor shortages and the need for cost-effective automation solutions. The U.S. manufacturing industry could have up to 1.9 million unfilled positions by 2033. This underscores the demand for innovative automation solutions that can enhance efficiency and competitiveness.

Competitor Analysis

Launchpad.build operates in a competitive landscape with several key players:

• TASI: Specializes in automation solutions for various industries, focusing on enhancing manufacturing efficiency.