Re:Build has raised $2.1 billion in new funding led by General Catalyst and JPMorganChase’s Strategic Investment Group to expand its advanced manufacturing platform, increase U.S. production capacity, and launch additional industrial companies.
The new financing brings the total capital raised by Re:Build’s founding team to more than $4 billion and provides the company with long-term funding to support growth across aerospace and defense, electrification, medical, energy and environment, robotics, and automation.
Founded in 2020, Re:Build works with industrial companies and innovators from initial product design through large-scale production. The company uses a proprietary approach called Manufacturing Constrained Design, which incorporates production requirements earlier in the design process to help reduce costs and accelerate manufacturing timelines.
Re:Build currently employs more than 2,100 people in the U.S. and operates more than 2.4 million square feet of advanced manufacturing capacity. The company expects its continued expansion to support tens of thousands of U.S.-based manufacturing jobs over the next decade.
The company operates through two primary models. Re:Build partners directly with industrial companies to design, engineer, and manufacture products at scale, while also incubating industrial startups in markets where access to manufacturing capabilities and capital can accelerate commercialization.
Re:Build has launched hundreds of products and production systems, including unmanned aircraft systems designed and manufactured in the U.S. Its company-building activities include Slate, Neon Aero, and Ensorcell.
General Catalyst first invested in Re:Build in 2024 and is increasing its commitment as the manufacturer scales its operations.
JPMorganChase’s Strategic Investment Group also participated in the financing. The group oversees direct equity investments associated with the bank’s Security and Resiliency Initiative, which focuses in part on strengthening critical industries and supply chains.
Re:Build said the latest capital will allow it to expand manufacturing capacity, support new product development, and build additional companies around technologies and industrial processes that can be produced at scale in the U.S.
KEY QUOTES:
“We started Re:Build because the deindustrialization of America is an economic failure and national security risk. This capital allows Re:Build to go faster and further than would otherwise be possible, and build a great manufacturing business and a platform for American industrial leadership. The products and companies emerging from our ecosystem prove we can help restore America’s industrial might.”
Jeff Wilke, Co-Executive Chairman And Co-Founder Of Re:Build
“The cost and quality achievable in manufacturing is largely determined during the product design process, long before production begins. Most manufacturers aren’t involved in designing the products they make—we are. By the time production starts, we’ve built a true partnership with our customers.”
Miles Arnone, Co-Founder And CEO Of Re:Build
“General Catalyst has long believed that rebuilding American industrial capacity is one of the most important economic and national security imperatives of our time. To compete with China, re-industrialize the U.S., and revitalize the towns and jobs that have been left behind, we need platform companies that can operate at genuine scale—and we need our innovation ecosystem to learn how to build hardware again. Since our first investment in Re:Build in 2024, we have been proud to support the company as it has created the platform and culture to rapidly design and build what America needs, at the scale we need. We are excited to deepen our partnership as the company continues to grow.”
Hemant Taneja, CEO Of General Catalyst
“Re:Build is playing an important role in strengthening America’s advanced manufacturing base and industrial resilience. Its work to strengthen advanced manufacturing and critical supply chains also advances our Security and Resiliency Initiative. Re:Build has developed a platform with the technical depth and operating discipline to solve complex manufacturing challenges at scale.”
Todd Combs, Head Of The Strategic Investment Group At JPMorganChase
“When we founded Re:Build, we set out to create a new platform to support great American product companies. We’ve spent five years doing that – developing capabilities, assembling world-class talent, and laying the foundations. With this raise, we’re ready to scale and deliver on the full promise of our mission.”
William Barker, Co-Executive Chairman And Co-Founder Of Re:Build
