Arda Industries raises $232M to make production lines more adaptable

Arda Industries raises $232M to make production lines more adaptable

Arda Industries Inc., a startup that develops artificial intelligence software for factories, launched today with $232 million in funding.

Accel, Altimeter, Founders Fund and Khosla Ventures led the investment. They were joined by XYZ Venture Capital, 8VC, SVAngel and Felicis.

Arda is led by co-founder and Chief Executive Bob McGrew, the former Chief Research Officer of OpenAI Group PBC. He earlier headed Palantir Technologies Inc.’s engineering group. Co-founders Augustus Odena…