Berkshire Grey overview
Berkshire Grey develops AI-enabled robotic systems for picking, sorting and handling goods in logistics and retail operations. The company combines robot arms, grippers, vision, AI software and engineered cells to automate processes that are difficult for conventional fixed equipment.
Company fact | Detail |
Founded | 2013 |
Country | United States |
Address | Bedford, MA |
Employees | Approx. 300-500; public estimates vary |
Specializes in | AI-enabled robotic picking, package handling, retail and logistics automation |
Products | Robotic Product Sortation, Robotic Shuttle Put Wall, Robotic Pick and Pack, package handling systems |
Typical projects | Parcel sortation, robotic each picking, returns automation, store replenishment, e-commerce fulfillment, FedEx and retail logistics projects |
Management and ownership | Berkshire Grey became part of SoftBank Group after acquisition. Founder: Tom Wagner. Strategic control sits with SoftBank ownership. |
Website: www.berkshiregrey.com
Berkshire Grey review summary
Berkshire Grey makes AI-enabled robotic systems that pick, pack and sort goods for retailers and logistics companies. Founded in 2013, it went public through a SPAC at a valuation of USD 2.7 billion and later agreed to be bought by SoftBank for USD 375 million in cash. This profile sets out its history, that deal, its products and its customers.
Verified key facts from the review
Fact | Detail |
Company | Berkshire Grey, Inc. |
Founded | 2013 |
Founder | Tom Wagner |
Headquarters | Bedford, Massachusetts, USA |
Employees | About 400 at the end of 2021 |
Patents | About 300 |
Owner | SoftBank Group, under a cash merger agreement worth USD 375 million |
Strengths
Strong research roots and a large patent portfolio.
Customers among the largest American retailers.
SoftBank's backing.
Challenges
A sale price far below its 2021 valuation, which shows how hard the business proved to scale.
A demanding market in which item picking is technically difficult.
Read the full review: Berkshire Grey Company Profile: History, SoftBank Deal, Products and Customers
Products in the All Things Cobots Catalogue
3 associated product records; the following links are representative catalogue entries.
