SoftBank pumps $37m into robot dog company Boston Dynamics
Summary
SoftBank added $37 million to Boston Dynamics through two loans that later converted into common shares. The deal strengthens SoftBank’s long-term robotics bet after its earlier acquisition of the company from Google. Boston Dynamics remains focused on advanced robots such as Spot, Atlas, BigDog, and Wildcat. The article also notes the company’s history of military research funding and SoftBank’s broader investment strategy in future technologies.
Funding
Amount
$37.0M
Total raised
Date
February 4, 2019
Announcement date
Investors
Launchpad Accelerator, Alphabet, SoftBank Internet and Media, Inc.
Lead investors
Company
bostondynamics.com
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
AskAI Classifications
Labels
Robotics Software
Industrial Automation Software
Fleet Management Software
Linked Companies
Boston Dynamics
$50M to $100M