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Tyson Ventures led a $26m Series C round in Tekfen Ventures-backed Soft Robotics.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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automation machinery

artificial intelligence

Completed

Cross Border

United States

Single Bidder

Minority

Acquisition

Private

machine learning

Production Technology Equipment

Venture Capital

Private Equity

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Synopsis

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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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