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Berkshire Grey

RoboticsUSA
🤝 Acquired
Peak $2.7 BillionToday
~-60%
from peak
  1. 🦄
    Became a unicorn
    2021
  2. 📈
    Peak valuation
    $2.7 Billion ’21
  3. 💔
    Became a Unitard
    ~2022
  4. 💸
    Last valuation
    ~$1.08B
Current status
Taken private by SoftBank (2023)

How it happened

Berkshire Grey was a US warehouse-robotics and automation company valued around $2.7B after a 2021 SPAC merger. Its stock fell well below $1B as growth disappointed and post-SPAC sentiment weakened. In 2023 SoftBank took the company private at a fraction of its peak value, ending its short run as a public unicorn.