# Tempo closes $20M Series B for new connected factory in San Francisco

Tempo closed a $20 million Series B funding round to build a new connected factory and headquarters in San Francisco, increasing manufacturing capacity by 10X.

- Type: Investment
- Announced: 2018-04-17
- Where: San Francisco, California, United States
- Value: $20.0M
- Status: announced
- Capacity: 10X increase in capacity
- Products: printed circuit board assembly, electronics manufacturing services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Tempo](https://endata.com/companies/18511.md)
- [P72 Ventures](https://endata.com/companies/18512.md) (investor)
- [Lux Capital](https://endata.com/companies/18513.md) (investor)
- [Uncork Capital](https://endata.com/companies/18514.md) (investor)
- [AME](https://endata.com/companies/18515.md) (investor)
- [Industry Ventures](https://endata.com/companies/18516.md) (investor)
- [Dolby Ventures](https://endata.com/companies/18517.md) (investor)
- [Cendana](https://endata.com/companies/18518.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/tempo-closes-20m-series-b-to-build-new-connected-factory-in-san-francisco-for-electronics-manufacturing-300631029.html), 2018-04-17: "Whether they're building products from rockets to medical devices to autonomous cars, today's leading companies are racing to get their ideas and concepts to market faster."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.