# SoftBank and Symbotic form GreenBox joint venture for warehouse automation

SoftBank Group and Symbotic established GreenBox Systems LLC, a joint venture to offer warehouse-as-a-service automation using Symbotic's AI-powered robotics. SoftBank owns 65% and Symbotic 35% of GreenBox, which also signed a $7.5 billion contract to purchase Symbotic systems.

- Type: Partnership
- Announced: 2023-07-24
- Value: $7.50B
- Status: announced
- Products: warehouse automation systems, AI-powered robotics
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Symbotic](https://endata.com/companies/15130.md) (partner)
- [SoftBank Group](https://endata.com/companies/15862.md) (partner)
- [GreenBox Systems](https://endata.com/companies/71593.md) (partner)

## Sources

- [cioinfluence.com](https://cioinfluence.com/automation/softbank-group-and-symbotic-to-transform-supply-chain-services-through-automation-and-a-i/), 2023-07-24: "GreenBox enables Symbotic to bring the benefits of our technology to a broader customer universe, expanding our market opportunity."

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