Swedish robotics startup 120ft has emerged from stealth after raising €576,000 in angel funding to develop autonomous microfactories using humanoid robots for local manufacturing. The Stockholm-based company is developing modular factories designed to enable consumer brands to assemble products locally in smaller batches rather than relying on large production runs and lengthy international supply chains. […]

Modern factories, operating continuously throughout the day and night, face constant pressure to produce greater quantities, waste far less material, and consistently maintain tight tolerances at every stage. Autonomous systems observe, decide, and act without human intervention. When machines are able to adjust their own operating parameters in real time, without pausing for human input, […]