Industrial robots and warehouse automation are lucrative intermingling markets, as evidenced by . The Lexington, Massachusetts-based company, which combines AI and robotics to automate omnichannel fulfillment for retailers, ecommerce, and logistics enterprises, today announced that it has secured a mammoth $263 million in series B funding from SoftBank. Khosla Ventures, New Enterprise Associates, and Canaan participated in the round. CEO Tom Wagner says the fresh capital will fuel the startup’s global expansion, acquisitions, and team growth.
“With our intelligent robotic automation, our clients see faster and more efficient supply chain operations that enable them to address the wants of today’s savvy consumer,” said Wagner, who previously served as iRobot’s chief technology officer.
Berkshire Grey — which emerged from stealth in 2018 after five years of