Arbe Robotics to merge with Industrial Tech Acquisitions at $572M valuation

Arbe Robotics, a provider of 4D Imaging Radar solutions, entered a definitive business combination with SPAC Industrial Tech Acquisitions, with a $100 million PIPE, valuing the combined company at $572 million enterprise value.

“Arbe Robotics, a provider of next-generation 4D Imaging Radar solutions, and Industrial Tech Acquisitions announced that they have entered into a definitive business combination agreement.”news.spacconference.com

• 2 sources
• news.spacconference.comArbe Robotics Merging With Industrial Tech Acquisitions at $572M Valuation | DealFlow's SPAC NewsSteve EvansMar 19, 2021
• globalventuring.comArbe Robotics arrives at reverse mergerMar 22, 2021

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