供应链自动化报告第四季度

1SUPPLY

CHAINAUTOMATIONQ4

2022NEW

YORK

|

LONDON

|

PARIS

|

MUNICH

|

SAN

FRANCISCOLOSANGELES|BERLIN|

DUBAIINDUSTRY

UPDATEdrakestarPROVEN

TRACK

RECORD

IN

M&A

AND

GROWTH

FINANCING

ADVISORY2CONTACT

THE

SUPPLY

CHAIN

AUTOMATION

DEAL

TEAMJAMES

TURINOMANAGING

PARTNERNEW

YORK+1917757

0212james.KAIS

BAKERPARTNERMUNICH+49891490265

26kais.CHASE

GIBBSANALYSTNEW

YORK+1904315

1715chase.STEVEN

DANAPARTNERNEW

YORK+1646594

0633steven.(1)Drake

Star

Securities

LLC

is

regulated

by

FINRA

and

is

a

member

of

SIPC.

All

securities

in

the

UK,

are

transacted

through

Drake

Star

UK

Limited

(FRN

942020)an

appointed

representative

of

Kession

Capital

Ltd

(FRN

582160)

which

is

authorized

and

regulated

by

the

Financial

Conduct

Authority.(1)

Led

by

partner

prior

to

joining

Drake

StarData&Logistics

SoftwaredrakestarWelding

AutomationDRAKE

STAR

COVERAGE

–

SUPPLY

CHAIN

AUTOMATION3MARKET

MAPPost

ProcessDesign PrintAGV/AMRCybersecurity

IOTConnectivity

IoTEnablingSystems&

TechnologyApplications

/

End

CobotsofArm

ToolingRobotic

ProgrammingLaser

SystemsIntegrators&

ServicesAR/VR

SafetyNote:

All

product

andpany

names

are

trademarks™

or

registered®

trademarks

of

their

respectiveholders.

Use

of

them

does

not

imply

any

affiliation

with

or

endorsement

by

them.Additive

ManufacturingProductDesign

&DevelopmentYieldOptimization

&Condition

MonitoringOperationalQualityInspectionProcurement Manufacturing/Operations

LayerManagementHMI&SCADASupervisoryEnd-of-LineAutomationPalletizingPackagingMES/MOMInventoryTracking

&ValidationPickingVerticalSoftwareIndustrial

ElectrificationCPQ

Softwaredrakestar625Deals

announcedand/or

closed$32.1BDisclosedvaluefor

announcedand/orclosed

deals$21.2B$9.6B$1.3BMARKET

OUTLOOKDRAKESTARMENTARYDeal

CountDealValue

($B)Q4

SummaryQ4

announced

M&A

deal

value

significantly

exceeded

the

levels

seen

through

Q3

of

2022,

driven

bytwo

Q4

mega

M&A

deals

(Altra

and

Coupa).

In

other

deals

of

note,

Nidec

acquired

PAMA,

an

Italianmachine

tool

manufacturer

for

$108M

and

Walmart

acquired

AlertInnovation,

a

robotics

automationpanyfocusedonmaterial-handling

solutions.Private

financing

market

had

diminished

deal

activity

in

what

was

adifficult

funding

environment,

buttherewerestill75dealsclosedtotaling$1.5Binannounceddealvalue.RoboticsdroveasignificantproportionofthedealvaluewithnotabledealsincludingLocusRoboticsraiseof$117M,Attaboticsraiseof$72M,VerdantRoboticsraiseof

$46M.While

public

market

activity

remained

subdued

in

Q4,

there

were

several

notable

deals

within

thespace.

Nauticus

Roboticspleted

a

businessbination

with

CleanTech

Acquisition

Corp

for$561M.

Additionally,EnOcean

and

Tempo

Automation

announced

plans

for

SPAC

transactions,

withvaluesexceeding

$100M.2022

Summary2022hasbeenarecordyearinsupplychainautomationwith625dealsannouncedand/orclosedtotaling

$32B+

in

total

deal

value.Deal

volumes

exceeded

breakout

activity

in

2021

when

600

dealswereannounced/

closed.Dealvaluescontinuedanupwardtrendasparedtothetrendlinefromprioryearsbutdroppedsignificantlyfromunprecedentedlevelsseenin2021($78.2B):5timesthelevelsseeninprioryears.Themajor

driver

of

the

change

in

total

deal

values

was

the

reduction

of

“mega-deals”

which

dominated

2021(AspenTech,BlueYonder,Coherent,andothers),whichaccountedformorethan70%oftotalannounceddealvaluein2021.AutomationservicesandindustrialsoftwaresubsectorswerethemostactivesegmentsforM&A.Notabledealsincludethetake-privateofCoupabyThomaBravoandtheacquisition

of

Altra

Motion

by

Regal

Rexnord.Privateplacementactivitynearlymatchedrecord-shatteringlevelsof2021with412dealsannouncedand

/

or

closed

in

2022

with

a

deal

value

of

$9.6B.

Robotics

and

industrial

software

accounted

for

morethan

half

of

the

private

placements

tracked

across

our

ten

covered

subsectors

of

industrial

automation.ThemajorityoftheprivateplacementactivitywithannounceddealvaluesoccurredintheU.S.andChina,withmorethan90%ofthetop15privateplacementsrelatingtopany’sheadquarteredinthose

regions.M&APrivate

PlacementPublic

Markets4Source:CapitalIQ,Pitchbook,LinkedIn,panyWebsites,DrakeStar

Database18241231drakestar“Oursolidleverageprofilecoupledwithstrongfree-cashflowgenerationandanundrawnrevolverof$3.5billion

gives

us

$4

billion

plus

of

M&A

capacity.

Clearly,weareverywellpositionedfordisciplinedcapitaldeploymentin

2023”JasonConley,CFO|Roper

Technologies“We're

well

positioned

financially

with

our

strong

freecashflowgenerationandbalancesheetcapacity,allowingustoactivelypursuestrategicM&Aopportunities”RainerM.Blair,President&CEO

|Danaher“WedohaveanappetiteforM&A.MostoftheM&Awe've

done

is

kind

of

been

tuck-in

size.

I

think

we

haveappetiteforbigger

things”NeilDougherty,CFO|Keysight

Technologies“We'vebeenonthesidelinessince2019intermsofM&A[duetovaluationconcerns]…It'sadifferentmarket

now

and

we

assume

that

valuations

are

going

tobemore

reasonable”GregSmith,President|

Teradyne“Thebigstory,ofcourse,inthefourthquarterwastheannouncementof

theTransporeonacquisition[$2.0B].Torefreshmemories,Transporeonoperatesaleadingcloud-basedtransportationmanagementplatform,poweringaglobalnetworkof145,000carriersand1,400shippers”RobertPainter,CEO|

TrimbleMARKET

INSIGHTSSource:PitchbookTranscripts–Thisreportispublishedsolelyforinformationalpurposesandisnottobeconstrued

as

an

offer

to

sell

or

the

solicitation

of

an

offer

to

buy

any

security.

The

information

herein

is

basedon

sources

we

believe

to

be

reliable

but

is

not

guaranteed

by

us

and

we

assumeno

liability

for

its

use.5NOTABLEPUBLICMENTARY

(I/II)IndustryOutlook&

TrendsM&A/Fundraise

ActivityAutomation

Drivers“I

think

we've

seen

on

the

labor

side;

wage

inflation

hasmoderateda

bit”HoldenLewis,CFO|

Fastenal“Theeconomicheadwindsandincreasedcautionbyemployersduetoanuncertaineconomicoutlookareresultinginsofteninghiringbehaviors.Weseethisthrough

extended

recruiting

and

sales

cycles

and

softerorder

flow

with

employers

in

certain

sectors

as

they

areexercising

more

caution

in

their

demand

for

contingentandpermanentrecruitmentof

talent”JonasPrising,CEO

|ManpowerGroup“Barringasignificantdeteriorationinthemacro-economy…weexpectchannelexpansionbined

withnewproductstodrivegreaterthan20%growthforIA[IndustrialAutomation]in2023weightedtothesecondhalfofthe

year”GregSmith,President|

Teradyne“Caterpillarisseeinghealthydemand.Ourresultsreflecthealthydemandacrossmostend

marketsforourproductsand

services"JimUmpleby,CEO

|Caterpillar"Wealsoseesomelooseninginthelabormarketandsomemodestimprovementsinequipment

availability"JohnRoberts,CEO&Director|J.B.HuntTransportServices“They[customers]wanttobuyaportfolioofrobotsfromthesamevendor,controlledbythesamecontrolsystem,withapplicationsabovethematerial

movement,fulfillment,orderpickingandothers,andinthesamefacility,havethesamevendorsupporting

them”AndersGustafsson,CEO|

Zebra“Rockwellhascontinuedinvestmentsinresiliencyandagility,

along

with

the

gradually

improving

supply-chainenvironmenthelpedmorethanoffsetmanyoftheheadwinds

we

faced

heading

into

Q1”BlakeMoret,CEO|Rockwell

Automation"Wagesareincreasingandconsumerscontinuetotappent-upsavingstosupportspending.Weexpectconsumerswillcontinuetobejudiciousintheirspend,butresilient,whileprioritizingneeds

overdiscretionary.Webelieveinflationhaspeaked,butwillremainstickyaswemovethroughthe

year”Harryton,CEO|Tractor

Supply“The

layoffs,

you're

starting

to

see

that

in

the

news,which

there's

the

good

news

and

the

bad

news.Obviously,thebadnewsisthelayoffs,butthegoodnews

is

they're

really

starting

to

focus

on

their

cash

burnbecausetheyknowtheyneedtoholdontotheircashforalot

longer”MichaelDescheneaux,FormerPresident|

SVBdrakestarMARKET

INSIGHTSNOTABLEPUBLICMENTARY

(II/II)drakestar6Federal

GeneralMarket

Insights“You

see

inflation

nowing

down

because

supplychainshavebeenfixed,demandisshiftingbacktoservices,andshortageshavebeen

abated."JeromePowell,

ChairUSFederal

“Bringing

inflation

down

is

likely

to

require

a

periodof

below-trend

growth

and

some

softening

of

labormarketconditions.Butrestoringpricestabilityisessentialtoachievingmaximumemploymentandstablepricesoverthelonger

term”ChristopherWaller,PresidentFederal

Bank

of

New

York

“Evenwiththerecentmoderation,inflationremains

high,

and

policy

will

need

to

be

sufficientlyrestrictiveforsometimetomakesureinflationreturnsto

2%”LaelBrainard,Vice

ChairUSFederal

“Special

circumstances,

now

mostly

in

the

rearviewmirror,pusheduppricesinparticularsectors,likeenergy,manufacturedgoodsandhousing.Butinflation

then

spread

to

a

broad

set

of

services,

andthisbroaderinflationiswhatshapestheoutlooktoday”LorieLogan,

PresidentFederalBankof

Dallas“Wedogenerallyseeamorecautiousstanceandtighteningofcriteria,butoveralllenderbehavior

seems

more

precautionary

than

as

a

direct

result

of

consumer

creditstress,

otherthaninthesub-primecategories.Themarketisstillquitesegmentedwithlenderslookingto

acquire

in

prime.

Mostbanks,

in

fact,

continue

to

hire

and

lend,

and

this

is

supported

bytheU.S.

labor

market

which

is

still

very

tight"BrianCassin,CEO|

Experian“Onthemanufacturingside,near-shoringcontinuestobethemostrobusttrenddrivingdemandinourmarkets.Weestimate3/4ofdemandcamefromtheseopportunities.Shiftsin

the

supply

chain

is

makingpanies

make

long-term

decisions

towards

regionalization,relocating

all

manufacturing

process

to

our

markets”LuisEnriqueGuajardo,CEO|Prologis

Property“WhenwesawthereopeningintheU.S.,wesawanimportantsurgeofactivitythatcameas

a

result

of

that.It’sentirely

possible

that

we

could

see

something

similarassociated

withChinareopeningbecauseofcoursewegotthebenefittothatintheU.S.economyin2021andinto2022.Wehaven’treallyseenthatsameimpactfromChinayet,butit’sentirelypossiblethatwe’regoingtoseethatasaresultoftheirreopening.Plusoneassumesthatit’s

going

to

be

helpful

to

some

of

the

supply

chain

challenges

that

we’ve

seen

in

the

worldover

time

as

well,

which

have

themselves

been

a

contributor

to

inflation”RobinVince,CEO|BNY

Mellon“Thoughthismaymakeittemptingtoconcludethatmonetarypolicyisbingoverlyrestrictiveandpoisedtocauseanunnecessaryeconomiccontraction,investorsmaybetoosanguineaboutprogressondisinflation…Thiseasingoffinancialconditionsduringacentralbanktighteningcyclecreatesaconundrumforpolicymakers…centralbankscouldpush

back

against

investor

optimism,

emphasizing

the

risks

that

inflationary

pressures

maybemorepersistentthan

expected”TobiasAdrian,ChristopherErceg,FabioNatalucci

|IMFShifting

Technology“Ourstrongperformancealsolendsconfidencetotheforwardexecutionongrowthinitiatives,includingexpandingour

ridesharebusiness,growingourEV

platform”StephenScherr,CEO|

Hertz“Strategicinvestmentsinnewlotiveproductswillcontinueshiftingtopetitive,sustainablesolutionsthathelpcustomersmeettheircarbonreductioninitiatives,includinghybrid,fullbatteryelectric

and

alternative

fuel

power

sources,

includinghydrogen”JimUmpleby,CEO

|CAT“Themarketismovingtowardselectrification,andyoubestgetready…We’vebeenboldenoughtoinvest

ahead

of

that

inflection

point,

which

we

know[will]e”JimRowan,CEO

|某著名企业“WealsointroducedaprototypeofourfirstfullyelectricexcavatoratCES…Itshowsourfocusonelectrificationinresponsetocustomerpullforquieter

and

safer

solutions,

while

executing

jobs

in

aloweremission

manner”JoshuaJepsen,CFO|John

DeereSource:Pitchbook

TranscriptsThis

report

is

published

solely

for

informational

purposes

and

is

not

to

be

construed

as

an

offer

to

sell

or

the

solicitation

of

an

offer

to

buy

anysecurity.

The

information

herein

is

based

on

sources

we

believe

to

be

reliable

but

is

not

guaranteed

by

us

and

we

assume

no

liability

for

its

use.drakestar2022OVERVIEW7drakestardrakestar214232282408412$0$2$4$6$8$10$12$14$1620182020202120221099397

170 182$0$10$20$30$40$50$6020182022DEAL

VALUES

RETURN

TO

HISTORICAL

TREND

LINE,AS

DEAL

VOLUME

MAINTAINS

RECORD

HIGHS8drakestarNote:

Column

chart

shows

announced

deals

onlyPrivatePlacements

($B)MergersandAcquisitions

($B)Note:

Column

chart

shows

announced

deals

only2019Value

($B)Deal

Count2019

2020Value

($B)2021Deal

CountSource:CapitalIQ,Pitchbook,panyWebsites,DrakeStar

Databasedrakestar$1.7B$8.8B$0.2B$0.9B$0.3B$7.2B$0.1B$0.7B

$1.0B$0.3B3710139 8195112 913SUPPLY

CHAIN

AUTOMATION

M&A

TRANSACTIONS

&

VALUATIONS2022:182DEALSANNOUNCED/CLOSEDAND$21.2BINDISCLOSEDDEAL

ACTIVITY#OFDEALSBY

SEGMENT:2022Jan2022–Dec

2022All

Segments#

of

Announced

and

or

Closed

Deals

/

#

of

Disclosed

Deals182/

37DisclosedDealValue

($B)$21.2BNumberof$500M+

Deals8Numberof$1B+

Deals3DisclosedRevenueMultiple

(Median)6.4xAdditive

ManufacturingM&A

DEAL

VALUATION

/

MULTIPLESDiversified

AutomationIndustrial

SoftwareLaser

SystemsLogisticsMachine

VisionDEAL

VALUE

($B)

BY

SEGMENT:

2022Motion

ControlRoboticsAutomation

ServicesTestand

Measurement9drakestarSource:CapitalIQ,Pitchbook,pany

Websites,DrakeStarDatabaseNote:

Deals

categorized

based

on

Drake

Star’s

primary

segmentation;

deal

and

sector

crossover

may

occurdrakestarSUPPLY

CHAIN

AUTOMATION

M&A

TRANSACTIONS:

2022TOP15ANNOUNCED

DEALSTARGETACQUIRERSEGMENTDATEDEAL

SIZE($M)REVMULTIPLEEBITDAMULTIPLETARGETCOUNTRYIndustrial

SoftwareDec-22$8,000.09.8x-Motion

ControlOct-22$4,950.02.4x23.7xLogisticsDec-22$1,957.6--Motion

ControlFeb-22$1,300.0--Machine

VisionMar-22$878.08.8x-Additive

ManufacturingSep-22$701.1--Motion

ControlSep-22$700.0--Industrial

SoftwareJul-22$639.9-Automation

ServicesAug-22$275.0--LogisticsFeb-22$240.01.0x-Testand

MeasurementMay-22$225.04.7x-Diversified

AutomationAug-22$185.0--Automation

ServicesJul-22$165.0--Additive

ManufacturingMay-22$98.4--Automation

ServicesApr-22$95.5--10drakestarSource:CapitalIQ,Pitchbook,pany

Websites,DrakeStarDatabaseNote:

Deals

categorized

based

on

Drake

Star’s

primary

segmentation;

deal

and

sector

crossover

may

occurdrakestar11826430$1.7B$7.0B$0.9B$1.8B$0.1B$0.3B$0.7B$4.1B11110615487130161523 31$4.0B$2.7B$2.7B211633715

10SUPPLYCHAINAUTOMATION

PRIVATEPLACEMENTS2022:412DEALSAND$9.6BINDISCLOSEDPRIVATE

PLACEMENTS11#ofDealsby

StageDeal

Value

($B)

by

Stage#ofDealsby

SegmentDealValue($B)by

Segment$0.3B

$0.2B$1.3B$0.3BDeal

Value

($B)

by

Amount

Raised$0.2B#ofDealsbyAmount

RaisedEarlyStage

VCLaterStage

VCPEGrowth/

ExpansionAdditive

ManufacturingDiversified

AutomationIndustrial

SoftwareLaser

SystemsLogisticsMachine

VisionMotion

ControlRoboticsAutomation

ServicesTestand

Measurement$0-$5M$5-$10M$10-$50M$50-$100M$100M+Source:CapitalIQ,Pitchbook,pany

Websites,DrakeStarDatabaseNote:

Deals

categorized

based

on

Drake

Star’s

primary

segmentation;

deal

and

sector

crossover

may

occurdrakestarSUPPLY

CHAIN

AUTOMATION

PRIVATE

PLACEMENTS:

2022TOP15PRIVATE

PLACEMENTSTARGETSEGMENTDATEDEAL

VALUE($M)VALUATION($M)TOTALRAISED

($M)LEAD

INVESTORSTARGETCOUNTRYAdditive

ManufacturingFeb-22$392.0$2,000.0$443.0NorwestVenturePartners,TigerGlobal

ManagementMachine

VisionFeb-22$377.5-$424.4Xiaomi

VenturesRoboticsSep-22$210.0$3,544.5$214.8Oisix

ra

daichi,

JMTC

Capital,

and

Future

Food

FundAdditive

ManufacturingAug-22$200.0$2,562.5$200.0QimingVenture

PartnersIndustrial

SoftwareMar-22$173.4-$439.0Guolian

Group,

Mulan

Investment,

Shangqi

Capital,

GAC

CapitalRoboticsJun-22$169.0$2,080.0$184.5Capital

TodayRoboticsApr-22$150.0$550.0$178.0DCVC,Playground

GlobalMachine

VisionSep-22$150.0-$574.4China

Structural

Reform

Fund

and

Mirae

Asset

SecuritiesRoboticsJul-22$148.9-$221.6Prosperity7Ventures,SoftBankInvestmentAdvisers,

TemasekDiversified

AutomationJul-22$135.0-$135.0GICIndustrial

SoftwareOct-22$132.0-$376.0Eclipse

VenturesRoboticsNov-22$117.0$2,000.0$379.5G2VP,Stack,TheGoldman

Sachs

GroupRoboticsMar-22$115.0$840.0$165.0Breyer

CapitalMachine

VisionAug-22$111.0$911.0$198.7PSP

PartnersRoboticsMay-22$110.0-$205.2MithrilCapital

Management12drakestarSource:CapitalIQ,Pitchbook,pany

Websites,DrakeStarDatabaseNote:

Deals

categorized

based

on

Drake

Star’s

primary

segmentation;

deal

and

sector

crossover

may

occurdrakestar$3.0B$0.6B

$0.6B42799TARGETDATEDEAL

VALUE($M)SELECT

INVESTORSVALUATION($M)TARGETCOUNTRYSep-22$210.0Oisixradaichi,JMTC

Capital$3,544.5Jun-22$169.0Capital

Today$2,080.0Mar-22$150.0DCVC,Playground

Global$550.0Jul-22$148.9Prosperity7Ventures,SoftBank

InvestmentAdvisers,Temasek

Holdings-Nov-22$117.0G2VP,Stack,TheGoldmanSachs

Group$2,000.0Mar-22$115.0Breyer

Capital$840.0May-22$110.0MithrilCapital

Management-Aug-22$100.0IntelCapital,MorganStanleyTactical

Value,Vertex

Growth$473.9Jun-22$100.0Undisclosed

Investors-Jul-22$91.0CongruentVentures,Wellington

Management-Jan-22$75.0TigerGlobal

Management$350.0Aug-22$70.0Jeneration

Capital-Mar-22$67.6Octopus

Ventures$124.1Apr-22$64.0TigerGlobal

Management$352.5Sep-22-GrahamPartners,ExportDevelopment

Canada-30323133

332740353025201510

50$2.0$1.8$1.6$1.4$1.2$1.0$0.8$0.6$0.4$0.2$0.0Q121Q221Q321Q421Q122Q222Q322Q422SECTORSPOTLIGHT:

ROBOTICSPRIVATEPLACEMENTACTIVITYIN

202213RoboticsPrivatePlacements

($B)39 392022:130

Deals2022:$4.1B

RaisedEarlyStage

VCLater

Stage

VC PEGrowth/

ExpansionSource:CapitalIQ,Pitchbook,pany

Websites,DrakeStarDatabaseNote:

Deals

categorized

based

on

Drake

Star’s

primary

segmentation;

deal

and

sector

crossover

may

occurDrakeStaractedasfinancial

advisordrakestar75827$0.5B$1.3B2529 29 2928292440353025201510

50$2.0$1.8$1.6$1.4$1.2$1.0$0.8$0.6$0.4$0.2$0.0Q121Q221Q321Q421Q122Q222Q322Q422SECTORSPOTLIGHT:INDUSTRIAL

SOFTWAREPRIVATEPLACEMENTACTIVITYIN

202214TARGETDATEDEAL

VALUE($M)SELECT

INVESTORSVALUATION($M)TARGETCOUNTRYMar-22$173.4CASGuolianGroup,MulanInvestment,

ShangqiCapital,GACCapital,

etc.-Oct-22$132.0Eclipse

Ventures-Jan-22$100.0AlphaIntelligenceCapital,CDIBCapital

Group-Jun-22$66.7Autodesk,LockheedMartin,

Atomico$159.0Feb-22$62.9Legend

Capital-Mar-22$61.5Undisclosed

Investors$327.5Jan-22$50.0AtlasHoldings,BAM

Elevate$310.0Jan-22$50.0Drive

Capital$200.0Feb-22$44.6Accel-Jun-22$39.4ArosaCapital,EnergyImpact

Partners-Oct-22$35.0Northzone

Ventures-Mar-22$31.0MegaChips,

Nsitexe$131.0May-22$29.2G2VP$91.1Mar-22$28.0Prosus

Ventures-Jul-22$25.0Starshot

Capital-IndustrialSoftwarePrivatePlacements

($B)

36 2022:110

Deals2022:$1.8B

Raised$0.1BSource:CapitalIQ,Pitchbook,pany

Websites,DrakeStarDatabaseNote:

Deals

categorized

based

on

Drake

Star’s

primary

segmentation;

deal

and

sector

crossover

may

occurEarlyStage

VCLaterStage

VCPE

Growth

/

Expansiondrakestar2022Q4OVERVIEW15drakestardrakestarSUPPLY

CHAIN

AUTOMATION

KEY

HEADLINESQ4

202216M&ACoupa

Software

announced

that

it

has

entered

into

a

definitive

agreement

to

be

acquired

by

Thoma

Bravo

in

a

deal

thatvalues

the

cloud-based

business

software

firm

at

$8.0B.Altra

Industrial

Motion,

a

premier

global

manufacturer

and

supplier

of

motion

control

and

automation

products,

announced

ithas

entered

into

a

definitive

agreement

to

be

acquired

by

Regal

Rexnord

Corporation

for

approximately

$5.0B.Nidec,

the

Japanese

electric

motormaker,

announced

that

it

acquired

PAMA,

an

Italianmachine

tool

manufacturer,

and

itsnineaffiliatepaniesfor

$108M.Walmart

announced

the

acquisition

of

AlertInnovation,a

robotics

automationpany

that

developsmaterial-handlingtechnology

for

automating

order

fulfillment

in

retail

supply

chains.DynamicDesignSolutions,providerofcustomautomationandsystems,

announced

theiracquisitionbyAddtronics,aportfoliopany

of

Kaho

Partners

dedicated

to

acquiring

and

growing

leading

robotic

automation

solution

providers.FundraisingBright

Machines,

provider

of

manufacturing

automation

software,

announced

$132M

in

new

funding

to

expand

intelligentautomationinmanufacturing,ledby

EclipseVentures.Locus

Robotics,

a

leaderin

autonomous

mobile

robots

(AMR)

for

fulfillment

and

distribution

warehouses,

announced

morethan

$117M

in

Series

F

funding,

led

by

Goldman

Sachs

Asset

Management

and

G2

Venture

Partners.Attabotics,

developer

of

a

robotic

warehousing

and

fulfillment

system,

announced

it

has

raised

$72M

in

Series

C-1

funding

ledby

Export

Development

Canada

(EDC)

to

further

accelerate

themercialization

of

its

3D

robotics

warehousing

solution.Pickle

Robot

announced

a

$26M

Series

A

raiseled

by

Ranpak,

JS

Capital,

Schusterman

Family

Investments,

Soros

Capital

andCatapult

Ventures.

The

funding

will

accelerate

go-to-market

activities

and

strengthen

deployment

capabilities.PublicMarketsNauticusRobotics,developsoceanrobots,autonomoussoftwareandservicesforthemarineindustry,pleted

itsbusinessbination

with

CleanTech

Acquisition

Corp,

a

special

purpose

acquisitionpany

(SPAC).

Deal

valued

at$561M.Symbotic,

developer

of

fully

autonomous

robots

that

receive

and

retrieve

products

in

distribution

centers,

closed

a

SPACdeal

with

SVF

Investment

Corp.

3

and

debuts

on

NASDAQ.

Deal

valued

at

$320M.EnOcean

GmbH,

a

Global

Leaderin

Internet

of

Things

(IoT)

devices

and

sensor-to-cloud

solu