Warehouse Automation Market Investors

M&A and Private Equity Investment in the Industry

Warehouse automation has been a fast growing, highly attractive market for large investors. In the past few years, private equity (PE) and merger and acquisition (M&A) activity in the warehouse automation sector has been rampant, and it appears to be accelerating. The sample list of publicly announced disclosures below equates to ~$20B in investments, which excludes the undisclosed investment dollars on this list and also, of course, excludes many other investments not on the list.

With anticipated continued growth in the industry, the market remains highly attractive, and will likely continue to see significant M&A and PE activity in the years ahead.

Major Investors in Warehouse Automation

Major Financial Investors in the Warehouse Automation Industry

This financial investors list below (alphabetically) have invested heavily in warehouse automation companies.

83North – Exotec
Amazon – Kiva Systems, Canvas Technology, Cloostermans, Agility Robotics
Ares Capital - Kuecker Logistics, Pulse Integration, QC Software, Commonwealth Supply Chain Advisors, Precision Distribution Consulting, SIMCOM Solutions
Daifuku – Jervis B. Webb, Wynright
Dunes Capital – Hy-Tech Material Handling, Advance Handling Systems, FASCOR, LCS, Winchester Industrial Controls, Johnson Stephens Consulting
Honeywell – Intelligrated, Intermec, Transnorm,
KION – Dematic, Engimen Group, Digital Applications International
Koerber - Aberle GmbH, Centriq, HighJump, Langhammer GmbH, Magazino, Siemens Logistics Mail and Parcel
KUKA - Swisslog
Mithri Capital – GreyOrange
Ocada – 6 River Systems
Softbank – AutoStore, Balyo, Berkshire Grey, Fabric, Agile Robots, Youibot, XAG
Teradyne – Universal Robots, Mobile Industrial Robots (MiR), AutoGuide Moble Robots
Thomas H. Lee – MHS Global, Fortna, AutoStore, RightHand Robotics, TGW U.S. Conveyors, Optricity, VanRiet, OCM
Tiger Global – Venca Robotics, Ambi Robotics, GreyOrange, Locus Robotics, SVT Robotics
Toyota Industries Corporation – Vanderlande, Bastian Solutions, Peach State Integrated Technologies, viastore
Warburg Pincus – Geek+, Softeon
Zebra – Fetch Robotics

Warehouse Automation Market Investments

Market Investments & Investors (Sample List of Activity)

$3.9B | Fortna & MHS Global | Abu Dhabi Investment Authority, Thomas H. Lee Partners | 2022
$3.3B | Dematic | KION | 2016
$2.8B | AutoStore | Softbank, Thomas H. Lee Partners | 2021
€1.2B | Siemens Logistics Mail and Parcel Business | Koerber | 2022
$1.5B | Intelligrated | Honeywell | 2016
$1.4B | JR Automation | Hitachi | 2019
$1.2B | Vanderlande Industries | Toyota Industries Corporation | 2017
$1.1B | Boston Dynamics | Hyundai Motor Group | 2021
$775MM | Kiva Systems | Amazon | 2012
$615MM | Clearpath Robotics (OTTO Motors) | Rockwell Automation | 2023
$600MM | Intermec | Honeywell | 2012
$500MM | Intelligrated | Permira | 2012
$493MM | Transnorm | Honeywell | 2018
$450MM | 6 River Systems | Shopify | 2019
$428MM | Berkshire Grey | Softbank, et. al. | 2019 - 2022
$375MM | Storage Solutions | Jungheinrich AG | 2023
$357MM | Swisslog | KUKA | 2014
$335MM | Exotec | Goldman Sachs, 83North, Dell Technologies Capital | 2022
$315MM | HAI Robotics | Multiple Investors | 2021 - 2022
$290MM | Fetch Robotics | Zebra Technologies | 2021
$285MM | Universal Robots | Teradyne Inc. | 2015
$272MM | Mobile Industrial Robots (MiR) | Teradyne | 2018
$260MM | Bastian Solutions | Toyota Industries Corporation | 2017
$200MM | Adept | Omron | 2015
$190MM | ASTI Mobile Robotics | ABB | 2021
$165 MM | AutoGuide Mobile Robots | Teradyne Inc. | 2019
$150MM | Locus Robotics | Tiger Global, BOND | 2021
$150MM | Geek+ | Warburg Pincus | 2018
$150MM | Agility Robotics | Amazon, et. al. | 2022
$140MM | Fabric | Softbank, Forerunner Ventures, et. al. | 2022
$140MM | GreyOrange | Mithril Capital, et. al. | 2021
$138MM | ForwardX Robotics | Dohold Capital, Angel Around, et. al. | 2016 - 2023
$135MM | GreyOrange | Anthelion | 2023
$132MM | Addverb | Reliance Retail Ventures Ltd. | 2022
€120MM | Digital Applications International | KION Group, Dematic | 2020
$117MM | Locus Robotics | Goldman Sachs, G2 Venture Partners | 2022
$110MM | GreyOrange | Mithril Capital, BlackRock | 2022
$110MM | Fabric | Corner Ventures, et. al. | 2019
$100MM | Geek+ | Intel Capital | Vertex Capital, Qingyue Capital Investment | 2022
$90MM | Exotec | 83North, et. al. | 2020
$85MM | Mujin | SBI Investment Co. | Pegasus Tech Ventures, Accenture, et. al. | 2023
$81MM | Verity | A.P. Moller Holding, Qualcomm Ventures, et. al. | 2015 - 2023
$80MM | Covariant | Amplify Partners, Radical Ventures, et. al. | 2021
$75MM | Covariant | Index Ventures, Radical Ventures | 2023
$71MM | Attabotics | Export Development Canada, Ontario's Teachers' Pension Plan Board | 2022
$66MM | RightHand Robotics | Thomas H. Lee Partners, Softbank | 2022
$65MM | Venca Robotics | Tiger Global, et. al. | 2022
$60MM | Geek+ | Warburg Pincus | 2017
$59MM | inVia Robotics | Multiple Investors | 2015 - 2021
$50MM | Vecna Robotics | Blackthorn Ventures, et. al. | 2020
$40MM | Covariant | Index Ventures, Radical Ventures | 2020
$37MM | Rapid Robotics | Tiger Global, Kleiner Perkins, et.al. | 2021
$33MM | Plus One Robotics | McRock Capital, TransLink Ventures, et. al. | 2021
€32MM | SAVOYE | Noblelift | 2018
$32MM | Ambi Robotics | Tiger Global, Ahren, Pitney Bowes | 2022
$30MM | GreyOrange | Tiger Global | 2015
$25MM | SVT Robotics | Tiger Global, Prologis Ventures | 2021
$25MM | Attabotics | Coatie, Comcast Ventures, Honeywell, et. al. | 2019
$25MM | 6 River Systems | Menlo Ventures | 2018
$25MM | Locus Robotics | Venture Partner | 2017
$25MM | Fetch Robotics | Sway Venture, et. al. | 2017
$25MM | Takeoff | Forrestal Capital | 2022
$25MM | Magazino | Koerber | 2018
€21MM | Magazino | Koerber | 2020
$21MM | Brightpick | Multiple | 2021
$20MM | B Garage | Ignite Innovation Fund | 2023
$20MM | inVia Robotics | firmPoint72 Ventures, et. al. | 2018
$20MM | CommonSense Robotics (Fabric) | Playground Global, et. al. | 2018
$19MM | Brightpick | Multiple | 2023
$13MM | Balyo | Softback | 2023
Undisclosed | 6 River Systems | Ocado Group | 2023
Undisclosed | iFollow | stow Group | 2022
Undisclosed | viastore | Toyota Industries Corporation | 2022
Undisclosed | Peach State Integrated Technologies | Bastian, Toyota Industries Corporation | 2018
Undisclosed | Material Handling Systems, Inc. | Thomas H. Lee Partners | 2017
Undisclosed | VanRiet | Material Handling Systems, Inc. , Thomas H. Lee Partners | 2018
Undisclosed | TGW U.S. Conveyors | MHS Global, Thomas H. Lee Partners | 2021
Undisclosed | Fortna | Thomas H. Lee Partners | 2019
Undisclosed | Optricity | Fortna, Thomas H. Lee Partners | 2022
Undisclosed | Cloostermans | Amazon | 2022
Undisclosed | Canvas Technology | Amazon | 2019
Undisclosed | Alert Innovation | Walmart | 2022
Undisclosed | Kuecker Logistics Group | Ares | 2021
Undisclosed | Pulse Integration | Ares | 2021
Undisclosed | QC Software | Ares | 2021
Undisclosed | Commonwealth Supply Chain Advisors | Kuecker Pulse Integrated Solutions (KPI), Ares | 2022
Undisclosed | Precision Distribution Consulting | Kuecker Pulse Integrated Solutions (KPI), Ares | 2022
Undisclosed | SIMCOM Solutions | Kuecker Pulse Integrated Solutions (KPI), Ares | 2022
Undisclosed | Johnson Stephens Consulting | Hy-Tek Material Handling, Dunes Point Capital | 2020
Undisclosed | Advanced Handling Systems (AHS) | Hy-Tek Holdings, Dunes Point Capital | 2022
Undisclosed | FASCOR, LCS | Hy-Tek Holdings, Dunes Point Capital | 2022
Undisclosed | Winchester Industrial Controls | Hy-Tek Holdings, Dunes Point Capital | 2023
Undisclosed | Waypoint Robotics | Locus Robotics | 2021
Undisclosed | Softeon | Warburg Pincus | 2019
Undisclosed | Centriq | Koerber | 2018
Undisclosed | HighJump | Koerber | 2017
Undisclosed | Langhammer GmbH | Koerber | 2012
Undisclosed | Aberle GmbH | Koerber | 2012
Undisclosed | Vertique | Systems Logistics | 2017
Undisclosed | W&H Systems Inc. | Dearborn Mid-West Company | 2015
Undisclosed | Egemin Group | KION | 2015
Undisclosed | System Logistics | Krones Group | 2016
Undisclosed | Wynright | Daifuku | 2013
Undisclosed | Jervis B. Webb | Daifuku | 2007

Investor activity in supply chain technology companies, including warehouse automation & integration

Supply Chain Tech Deal Activity

Warehouse automation is part of this and mostly mirrors this trend