British startup Isembard lands $9M to reshore manufacturing for critical industries

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Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away.

But that is easier said than done. In the key area of precision manufacturing, for example, most countries in the West are not set up to handle the current production demands that businesses face.

This is the challenge Isembard aims to address. The British…



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British startup Isembard lands $9M to reshore manufacturing for critical industries


Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away.

But that is easier said than done. In the key area of precision manufacturing, for example, most countries in the West are not set up to handle the current production demands that businesses face.

This is the challenge Isembard aims to address. The British…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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