Announced
Completed
Financials
Tags
automation machinery
artificial intelligence
Completed
Cross Border
United States
Single Bidder
Minority
Acquisition
Private
machine learning
Production Technology Equipment
Venture Capital
Private Equity
Friendly
Synopsis
Tyson Ventures, the venture capital arm of Tyson Foods, led a $26m Series C round in Tekfen Ventures-backed Soft Robotics, a technology company that provides design services using 3D machine perception and artificial intelligence with participation from Marel and Johnsonville. "We're delighted that some of the world's leaders in the food production and automation markets have decided to join existing investors in supporting SRI's continuing growth journey. SRI's technologies are increasingly crucial to enabling and scaling efficient and safe production of several food categories. This round of growth capital strengthens SRI's ability to rapidly develop, deploy and support those technologies," Jeff Beck, Soft Robotics CEO.
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