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SAN FRANCISCO — Bright Machines has announced that it has raised $132M to accelerate the company's growth and aid the development of new software and service offerings to add to its existing portfolio of projects. The $132 million in funds includes $100 million in Series B equity funding led by Eclipse Ventures and $32 million in debt led by Silicon Valley Bank and Hercules Capital. This round of funding brings the total raised by Bright Machines to $330M since the company’s founding in 2018.

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BANNOCKBURN, IL — IPC announced that North American Printed Circuit Board shipments in September 2022 were up 14.6% compared to the same month last year. Compared to August, September shipments rose 17.9%. The book-to-bill ratio stands at 1.12.

PCB year-to-date bookings in September were down 2.6% compared to last year. However, bookings in September increased 52% from the previous month.

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BANNOCKBURN, IL — IPC has announced that North American Electronics Manufacturing Services shipments in September were up 15.5% compared to the same month last year. Compared to August, September shipments decreased 0.1%. The book-to-bill ratio stands at 1.29.

EMS bookings in September increased 21.1% year-over-year and increased 18.1% from the previous month.

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WILLIAMSPORT, PA — Spartronics' new electronic contract manufacturing facility in Binh Duong City, Vietnam will be opening for production in December.

The company said the new facility will offer 270,000 sq. ft. of space – a significant increase from the current 60,000 sq. ft facility – for manufacturing commercial airspace, medical, life science, and industrial applications, giving new and current customers the space to expand. The new building will offer the same technical and manufacturing capabilities the current facility offers, but on a much larger scale.

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OULU, FINLAND — Scanfil reported that its turnover for the quarter was EUR 211.9 million, an increase of 26.3% compared to the same quarter in 2021, while turnover for January–September was EUR 621.4 million, an increase of 23.3% compared to the previous year.

Scanfil estimates that its turnover for 2022 will be EUR 800–880 million.

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HELSINKI — Incap reported revenue growth of 50% for the quarter, with this year's third-quarter earnings coming in at EUR 70.6 million (US$70.6 million).

Year-to-date revenue for the company also saw an increase, with this year's totaling EUR 185.1 million compared to the EUR 118.3 million in revenue from January to September of 2021. Incap estimates that its revenue for 2022 will be significantly higher than in 2021 – totaling EUR 262–270 million.

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