# Marel acquires minority stake in Soft Robotics for $3M

Marel acquired a minority stake in Soft Robotics Inc, a US-based robotics company, for USD 3 million as part of Soft Robotics' Series C round. The transaction closed on 17 November 2022.

- Type: Acquisition
- Announced: 2022-11-17
- Where: Boston, MA, United States
- Value: $3.00M
- Status: completed
- Products: robotic picking solutions, soft robotic grippers, 3D machine perception, AI
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Marel](https://endata.com/companies/16848.md) (acquirer)
- [Soft Robotics Inc](https://endata.com/companies/66720.md) (target)

## Sources

- [jbtmarel.com](https://jbtmarel.com/en/news/pioneers-in-food-processing-joining-hands/), 2022-11-17: "Marel invested a total of USD 3 million in Soft Robotics."

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