About Berkshire Grey
Berkshire Grey is a company based in Boston (United States) founded in 2013 was acquired by SoftBank Group in March 2023. Berkshire Grey has raised $263 million across 2 funding rounds from investors including SoftBank Group, Khosla Ventures and Canaan. Berkshire Grey offers products and services including Robotic Put Wall, Robotic Pick, and Robotic Package Sortation. Berkshire Grey operates in a competitive market with competitors including Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.
- Headquarter Boston, United States
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Sectors
RetailTechnology Transportation, Automotive & Logistics Industrial Goods & Manufacturing
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$263 M (USD)
in 2 rounds
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Latest Funding Round
$263 M (USD), Series B
Jan 21, 2020
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Investors
SoftBank Group
& 4 more
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Employee Count
Not available
- Acquired by
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Products & Services of Berkshire Grey
Berkshire Grey offers a comprehensive portfolio of products and services, including Robotic Put Wall, Robotic Pick, and Robotic Package Sortation.
Automates eCommerce order consolidation and returns processing
Picks and places items into conveyors or boxes efficiently
Handles and sorts large volumes of packages autonomously
People of Berkshire Grey
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Funding Insights of Berkshire Grey
Berkshire Grey has successfully raised a total of $263M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $263 million completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Berkshire Grey
Berkshire Grey has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank Group, Khosla Ventures and Canaan.
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Canaan is recognized as an early-stage venture capital firm.
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Early-stage startups are funded by this venture capital firm.
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Venture capital investments are offered to startups by NEA.
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Investor details for Berkshire Grey
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Investments & Acquisitions by Berkshire Grey
Investment portfolio details for Berkshire Grey
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Financial Statements - Berkshire Grey
Detailed financials for Berkshire Grey
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Berkshire Grey Comparisons
Peer comparison for Berkshire Grey
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Competitors of Berkshire Grey
Berkshire Grey operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.
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AI and cloud-driven automation is delivered for warehouse material handling.
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AI-enabled robotic grippers for object picking are provided.
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Provider of a pick and place robot for e-commerce applications
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AI and SaaS-based robots for warehouse automation are provided.
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Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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Autonomous mobile robots are supplied for warehouse operations.
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Detailed competitors of Berkshire Grey
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Latest news on Berkshire Grey
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Frequently Asked Questions about Berkshire Grey
Berkshire Grey was founded in 2013.
Berkshire Grey is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Tom Wagner is the current CEO of Berkshire Grey.
Berkshire Grey is a funded company, having raised a total of $263M across 2 funding rounds to date.
Berkshire Grey was founded in 2013 in Boston, United States. Automated material handling solutions are offered by the company, encompassing pick robots, pack robots, and store replenishment robots. Computer vision and artificial intelligence are integrated into these products. Operations focus on the retail, e-commerce, and logistics sectors, with services supporting automation needs in these industries.
Berkshire Grey's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Berkshire Grey offers Robotic Put Wall, Robotic Pick, and Robotic Package Sortation.
Berkshire Grey has 5 investors. Key investors include SoftBank Group, Khosla Ventures, Canaan, Revolution Acceleration Acquisition Corp, and NEA.