SVF Investment Corp. 3 (SoftBank) Completes Business Combination with Symbotic
June 7, 2022
Symbotic LLC completed a business combination with SVF Investment Corp. 3, a SoftBank-sponsored SPAC, and will operate as Symbotic Inc. with Class A shares trading on Nasdaq under the ticker SYM. The transaction provides significant growth capital to accelerate Symbotic's expansion and commercialization of its A.I.-enabled robotics and software platform, which has more than $11 billion in contracted orders.
- Buyers
- SVF Investment Corp. 3, SoftBank Investment Advisers
- Targets
- Symbotic LLC
- Industry
- AI & Machine Learning
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Symbotic Acquires Veo Robotics' FreeMove Assets
August 9, 2024
Manufacturing
Symbotic Inc. (Nasdaq: SYM) acquired substantially all of the assets of Veo Robotics, including the FreeMove 3D depth-sensing computer vision system and related IP, in an $8.7 million asset purchase that closed July 19, 2024. Symbotic will integrate FreeMove into its warehouse robotics platform to enhance safety, enable more flexible human-machine collaboration, and expand its capabilities in dynamic, vision-guided workcells.
-
Satellogic Completes Business Combination with CF Acquisition Corp. V
January 25, 2022
Aerospace & Defense
Satellogic Inc. completed a business combination with CF Acquisition Corp. V (CFV), and its Class A ordinary shares and warrants began trading on Nasdaq on January 26, 2022 under the tickers SATL and SATLW. The transaction provides Satellogic approximately $262 million in gross proceeds—including a $100 million PIPE led by SoftBank's SBLA Advisers and Cantor Fitzgerald and a $150 million private placement commitment from Liberty Strategic Capital—to scale its satellite constellation and expand its high-resolution Earth-observation and analytics capabilities.
-
Sverica Capital Management Acquires Hirebotics
March 15, 2023
Industrial Services
Sverica Capital Management acquired Hirebotics, a Nashville-based developer of collaborative welding robots and cloud-based robot software, with unitranche debt and an equity co-investment provided by Five Points Capital to support the transaction. The investment is intended to accelerate Hirebotics' growth in the welding automation market and enable expansion into adjacent manufacturing use-cases.
-
Fantasy 360 (Immersive Tech) to Acquire Synthesis VR Inc.
September 20, 2021
Software
Fantasy 360 Technologies Inc. (d/b/a Immersive Tech), a portfolio company of Victory Square Technologies, signed a binding letter of intent to acquire all of the shares of Synthesis VR Inc. The deal (aggregate purchase price $4.8 million) combines Synthesis VR's location-based VR software, content store and ~300 operator customers with Fantasy 360's UNCONTAINED Immersive Entertainment Platform to accelerate platform and capability expansion in the LBVR market.
-
Volaris Group Acquires Symbrio AB
August 19, 2020
Cloud & SaaS
Volaris Group has completed the acquisition of Symbrio AB, a Stockholm-based provider of cloud-native procure-to-pay software for the installation industry. Volaris said the purchase will complement its portfolio by adding a market-leading SaaS procurement solution and support Symbrio’s continued autonomous operation and growth.
-
FTV Capital Invests $70M Growth Equity in Saphyre
July 31, 2025
Software
Saphyre, an AI-powered fintech platform for automating pre- and post-trade workflows, has closed a $70 million growth equity investment led by FTV Capital. The funding will support product innovation, accelerate go-to-market and international expansion, and deepen integrations across the financial services ecosystem; HCAP Partners announced it exited its equity stake as part of the transaction.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.