Industry
Industrial Technology
Target Company
Symbotic
Buyer/Investor
SoftBank
Target Description:
Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. The Company applies next-generation technology, high-density storage and machine learning to solve today’s complex distribution challenges. Symbotic’s unique platform, with more than 250 issued patents, is an end-to-end system that reimagines every aspect of the warehouse and is fueled by a unique combination of proprietary software and a fleet of fully autonomous robots. The system enhances storage density, increases available SKUs, reduces product damage and improves throughput and speed to customers..