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Berkshire Grey

ACTIVE
Robotics companyIndustrial manufacturer
Berkshire Grey Inc.BG

Berkshire Grey is an American robotics company providing AI-powered robotic warehouse-automation solutions for ecommerce, retail and third-party logistics (3PL) operations. Since 2023 it has been owned by SoftBank Group.

Founded2013United States
HQBedfordUnited States
Total funding$263000B2
Valuation$2.7B🦄SPAC merger · 2021
01 · About

Berkshire Grey

Founded 2013 · Bedford, United States

Berkshire Grey, Inc. is an American robotics company headquartered in Bedford, Massachusetts, providing AI- and robotics-based intralogistics automation solutions. Its systems automate warehouse, ecommerce, retail and third-party logistics (3PL) operations — including picking, parcel sortation, trailer unloading and goods sortation. The company was founded in 2013 by Tom Wagner (founder, Chairman & CEO), a former Chief Technology Officer of iRobot; its Chief Scientist is Matthew T. Mason, former Director of the Robotics Institute at Carnegie Mellon University. Its key products include the Core™ Robotic Picking System, Dispatch™ Small Parcel Sorter, Scoop™ Trailer Unloader and Stride™ Shuttle Sorter; the company holds a portfolio of about 300 patents. In 2021 Berkshire Grey listed on Nasdaq (ticker BGRY) via a merger with the SPAC Revolution Acceleration Acquisition Corp. at a ~$2.7B valuation. In 2023 it was acquired by SoftBank Group, taken private, and now operates as a SoftBank portfolio company.

  • Tom Wagner

    Founder, Chairman & CEO

    Founder of Berkshire Grey (2013); previously Chief Technology Officer (CTO) of iRobot.

02 · What they do

Domain of activity

5 areas · 3 technologies · 4 industries
What they do5Areas
  • Industrial robots
  • Mobile robots
  • Autonomous systems
  • Process automation
  • Computer Vision
How they do it3Technologies
  • Robotics
  • Computer vision
  • Embodied AI
Who for4Industries
  • Logistics & warehousing
  • Retail
  • Industrial manufacturing
  • Software & Technology
03 · Geography

Global presence

HQ Bedford · 2 regions
GlobalNorth America
04 · Metrics

Scale & funding

founded 2013 · Public listing via SPAC (RAAC merger)
2013founded
≈400 (2021)employees
$263Mtotal funding
Public listing via SPAC (RAAC merger)latest round
maturedevelopment stage
Privatenot listed
activestatus
$263M
total funding
Series BSoftBank GroupA $263M Series B round led by SoftBank Group.
$263M
Public listing via SPAC (RAAC merger)Revolution Acceleration Acquisition Corp.In 2021 Berkshire Grey listed on Nasdaq (BGRY) via a merger with the SPAC Revolution Acceleration Acquisition Corp., at a valuation of ~$2.7B.
~$2.7B valuation
07 · Classification

Profile & metadata

4 classification · 6 external links

Classification

  • Statusactive
  • Development stagemature
  • Listed onNoprivate
  • Organization typeRobotics company+ Industrial manufacturer