Top 10 Robotics and Automation Transactions in Q1 2021

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8. Berkshire Grey enters $413M SPAC merger

Berkshire Grey on Feb. 24 said it was merging with Revolution Acceleration Acquisition Corp., and the $413 million SPAC deal will bring its post-transaction valuation to $2.7 billion. The Bedford, Mass.-based company offers AI-based software and hardware to help automate warehouses and fulfillment centers. CEVA Logistics is deploying Berkshire Grey’s Robotic Product Sortation and Identification system at its Vancouver distribution center to process more than 5.5 million packages annually.

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1. 10. WeRide raises $310M for autonomous vehicles

2. 9. AI processor provider Horizon Robotics finds $400M

3. 8. Berkshire Grey enters $413M SPAC merger

4. 7. Plus gets $420M for autonomous trucks

5. 6. Momenta obtains $500M in Series C funding

6. 5. Nuro receives $500M in Series C funding for delivery robo…

7. 4. VELO3D to undertake $500M SPAC merger

8. 3. Cruise gets $1B in equity funding from Microsoft, others

9. 2. 3D printing firm Markforged in $2.1B SPAC merger

10. 1. Teledyne acquires FLIR Systems for $8B

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