# Symbotic to go public via SPAC merger with SVF Investment Corp. 3

Symbotic LLC, a warehouse robotics firm, announced a merger with SPAC SVF Investment Corp. 3, valuing Symbotic at approximately $5.5 billion. The deal is expected to raise $725 million in gross proceeds, including $200 million from SoftBank Vision Fund 2.

- Type: Acquisition
- Announced: 2021-12-14
- Where: United States
- Value: $725.0M
- Status: announced
- Products: warehouse robotics systems, AI-powered robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Walmart](https://endata.com/companies/1602.md) (investor)
- [Symbotic](https://endata.com/companies/15130.md) (target)
- [SVF Investment Corp 3](https://endata.com/companies/59634.md) (acquirer)
- [SoftBank Investment Advisers](https://endata.com/companies/59691.md) (investor)
- [SoftBank Vision Fund 2](https://endata.com/companies/59692.md) (investor)

## Sources

- [news.bloomberglaw.com](https://news.bloomberglaw.com/business-and-practice/two-firms-aid-spac-merger-with-symbotic-warehouse-robotics-firm), 2021-12-14: "Now is the time to take Symbotic to the next level."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.