First Resonance

First Resonance Lands $3.5M as Aerospace and EV Manufacturing Expand

A work collaboration and inventory management software for aerospace manufacturers — including rocket-part maker Phase Four — First Resonance is poised to take off.

The startup raised a $3.5 million Series A on Wednesday, and will use the funding to expand its footprint in Los Angeles.

Eventually, the downtown-based company wants to be the software behind a new wave of mobility, from jetpacks to air taxis.

First Resonance initially targeted aerospace companies, but has since expanded to other industries, including automotive and robotics. CEO Karan Talati said the company eventually plans to help build air taxis.

"We're bringing on companies even right now that start to get into the kind of blurry lines of what the future of mobility looks like," Talati said.

First Resonance A screenshot of First Resonance's inventory management software.

First Resonance

The new round of funding will allow the company to double — "if not triple" — its headcount by the end of this quarter and develop its main product, the Ion factory management software, which allows manufacturers to automate and streamline operations.

The funding round was led by Blue Bear Capital, a Beverly Hills-based venture capital firm that looks to invest in automation, artificial intelligence and the industrialization of renewable energy.

First Resonance has now raised a total of $5.3 million since its 2018 launch.

The startup began working remotely last March. Its six-person team is made up of engineers that come from top manufacturers in town including SpaceX, Toyota and NASA.

Blue Bear Capital partners Ernst Sack and Vaughn Blake decided to invest in First Resonance because they saw the long-tail potential for First Resonance's software as the market for electric cars soar and the space market expands.

Karan Talati

First Resonance CEO Karan Talati

Manufacturing in both of those areas requires a complex set of processes.

"At the global level, the revolution of next-gen manufacturing is critical to solving the climate and mobility challenges that we'll be facing in the years ahead," Blake said. "First Resonance' software ignites that revolution by enabling the manufacturing workflows required to electrify transport, reach orbit and propel satellites."

The software lets factories automate their manufacturing and manage their supply chains, freeing up more time for engineers to focus on futuristic designs, Talati said. It also uses data visualization and analytics to help builders troubleshoot design issues.

First Resonance is already backed by notable firms including Santa Monica-based Wavemaker Partners and Westwood-based Fika Ventures, but Blue Bear has a foothold in Texas, where aerospace activity and manufacturing are exploding, giving it an edge over other firms. Elon Musk has reportedly moved to Austin, and some of SpaceX's manufacturing has migrated to Boca Chica Village in Texas.

"It's been really great [to access] new customer acquisition or networks, with their extended team in San Francisco as well as Texas," Talati said, noting at First Resonance has plans to expand far beyond Los Angeles' borders.

From Your Site Articles
Related Articles Around the Web

Subscribe to our newsletter to catch every headline.

Despite — or in many cases because of — the raging pandemic, 2020 was a great year for many tech startups. It turned out to be an ideal time to be in the video game business, developing a streaming ecommerce platform for Gen Z, or helping restaurants with their online ordering.

But which companies in Southern California had the best year? That is highly subjective of course. But in an attempt to highlight who's hot, we asked dozens of the region's top VCs to weigh in.

We wanted to know what companies they wish they would have invested in if they could go back and do it all over again.

Read more Show less
Ben Bergman

Ben Bergman is the newsroom's senior finance reporter. Previously he was a senior business reporter and host at KPCC, a senior producer at Gimlet Media, a producer at NPR's Morning Edition, and produced two investigative documentaries for KCET. He has been a frequent on-air contributor to business coverage on NPR and Marketplace and has written for The New York Times and Columbia Journalism Review. Ben was a 2017-2018 Knight-Bagehot Fellow in Economic and Business Journalism at Columbia Business School. In his free time, he enjoys skiing, playing poker, and cheering on The Seattle Seahawks.