Tempo Automation offers a turnkey circuit board manufacturing solution that allows manufacturers to upload a CAD and receive a finished circuit board in as little as three days. Its services are tailored for low-volume manufacturers and serve customers across aerospace, consumer electronics, automotive, and medical technology. The company centers software automation and an interconnected smart factory to accelerate production and improve customer experience. Founded in 2013 and based in San Francisco, Tempo recently raised $45 million in a Series C. The company said it will use the Series C to hire and to develop software intended to make its manufacturing process quicker and more accurate. Its prior institutional financing was a $20 million Series B in 2018. Tempo Automation offers quick-turn prototype manufacturing, converting design files into physical circuit boards with a three-day turnaround. The company built an automated process optimized for low-volume runs rather than high-volume production lines. Tempo’s stated mission is to let electronics development move as fast as software development, and it focuses on startups and new IoT manufacturers. Its offering was well received, attracting customers from early hardware startups to unnamed large consumer electronics companies. Demand has exceeded capacity—the company says its factory was blown out in a matter of months and is already at capacity. Tempo plans to use new funding to improve and expand its current manufacturing facility to address that constraint.

Total raised

$53M

Funding rounds

2

Latest round

Series C

Latest activity

May 2019