Robotics company Berkshire Grey to go public via SPAC

Robotics company Berkshire Grey to go public via SPAC

3 years ago
Anonymous $rH7oE7DjRg

https://techcrunch.com/2021/02/24/robotics-company-berkshire-grey-to-go-public-via-spac/

As far as fundraising goes, Berkshire Grey is in pretty good shape. When I visited its Massachusetts headquarters last year, following a massive $263 million Series B, the company discussed some pretty aggressive growth plans. Mind you, that was before the pandemic has really touched down in the U.S. in a meaningful way.

If anything, Covid-19 has accelerated interest in automation, as companies look to safeguard themselves from the inevitable effects of future pandemics. Today, Berkshire Gray announced its intention to become the latest tech company to go public by way of SPAC. The deal, which finds its merging with Revolution Acceleration Acquisition, could value the company at up to $2.7 billion.