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New Deal


Announced

Completed

Dimension led a $40m funding round in Automata Technologies.

Financials

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Transaction Value£32m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Cross Border

Minority

Completed

Acquisition

Private Equity

Venture Capital

Friendly

biotech

Auto Technology

United Kingdom

robotic automation solutions

science solutions

Private

Synopsis

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Dimension, a multi-stage investment firm, led a $40m funding round in Automata Technologies, a robotics and automation company, with participation from A.P. Moller Holding, Octopus Ventures, Hummingbird, Isomer Capital, Possible Ventures and Aldea Ventures. "The last two years have been hugely exciting at Automata as we’ve seen LINQ increase the scale of customer workflows as well as meaningfully increasing their ability to generate high quality data - accelerating their pace of discovery and experimentation," Mostafa Elsayed, Automata Founder and CEO.

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