Walmart-backed warehouse robot vendor Symbotic to go public
Move will raise $725 million for firm through SPAC merger, help it build more autonomous, AI-powered “Symbots.”
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Items Tagged with 'SoftBank'
ARTICLES
Podcasts
The Logistics Matters podcast: Mark Manduca of GXO Logistics on the new XPO spinoff | Season 2 Episode 25
At its launch in a few weeks, GXO Logistics will become the second-largest contract logistics firm in the world. What is the company's vision? Also: warehouse space is in critical demand; new investments in logistics companies underscore importance of supply chains.
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SoftBank continues to back logistics tech startups with quarter-billion-dollar bid
Japanese firm leads $240 million venture capital round for Forto in pursuit of supply chain digitalization.
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Price tag in AutoStore deal shows hot estimates for AS/RS sector growth
Fulfillment sector forecasts driven by e-commerce growth, labor scarcity, lack of DC automation, analysts say.
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SoftBank buys 40% share in AutoStore, plans to “aggressively expand” firm into new markets
Private equity firm Thomas H. Lee retains majority stake after $2.8 billion deal.
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