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New Deal


Announced

Completed

Softbank Vision Fund 2 led a $200m Series D funding round in Keenon Robotics.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Digital Services

Completed

Cross Border

Venture Capital

robotics

China

Private

Friendly

Private Equity

Minority

Synopsis

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Softbank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $200m Series D funding round in Keenon Robotics, a provider of robotics services. Other investors include CICC ALPHA and Prosperity7 Ventures. "We believe robotic solutions can have a profound impact across the services industry by assisting with repetitive, tedious workflows. Using AI and machine learning, combined with advanced manufacturing capabilities, Keenon is building innovative robotics to help increase productivity for restaurants, hotels, and hospitals in China and globally. We are pleased to partner with Li Tong and the Keenon team to support their mission of driving the smart autonomous delivery revolution," Kentaro Matsui, SoftBank Managing Director.

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