Berkshire Grey went public via a SPAC merger with Revolution Acceleration in a $2.7bn deal.

Berkshire Grey, a pure-play robotics company offering fully integrated, artificial intelligence-based software and hardware solutions, went public via a SPAC merger with Revolution Acceleration in a $2.7bn deal. The transaction included a PIPE of $165m anchored by Chamath Palihapitiya, Founder and CEO of Social Capital, Hedosophia and BlackRock. “We are incredibly excited about this transaction, which will enable Berkshire Grey to accelerate growth and provide new and existing customers with our leading robotics solutions,” Tom Wagner, Berkshire Grey Founder and CEO.