Symbotic agrees SPAC deal expected to raise USD 725M
Symbotic and SVF Investment Corp. 3 announced a business combination expected to raise USD 725 million in gross proceeds.
Evidence notes
- The transaction included committed capital from SoftBank Vision Fund 2 and a common-equity PIPE with strategic and institutional investors.
- The deal was structured to take Symbotic public on Nasdaq under the SYM ticker.
Company context
Symbotic builds robotic warehouse automation systems for large-scale supply chains, including autonomous robot fleets and high-density storage workflows.