Warehouse robotics and automation company Symbotic raises $725M after going public via SPAC, valuing it at over $10B after shares jumped 120% to ~$20 (Financial Times)
Warehouse robotics and automation company Symbotic raises $725M after going public via SPAC, valuing it at over $10B after shares jumped 120% to ~$20 (Financial Times) https://bit.ly/3NRWN2t
Financial Times:
Warehouse robotics and automation company Symbotic raises $725M after going public via SPAC, valuing it at over $10B after shares jumped 120% to ~$20 — Symbotic executive eyes automation trend due to wage costs and labour shortages — Rising retail wages will fuel “hyper growth” …
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