Symbotic acquires Fox Robotics

FEBRUARY 19, 2026

Symbotic acquires Fox Robotics

TARGET

Fox Robotics makes the FoxBot ATL autonomous electric forklift that automates pallet loading and unloading at warehouse trailer docks for retailers and logistics providers.

Ownership	VC-backed
Investors	BMW i Ventures, Menlo Ventures, Zebra Technologies, SignalFire, ENIAC Ventures +4 more
Capital raised	$38M
Headcount	51-200 FTEs
Headquarters	Austin, Texas
Leadership	Marin Tchakarov, CEO, President, and member of the Board of Directors
Sell-side advisor	—

ACQUIRER

Symbotic

AI-powered warehouse automation and robotics software/systems company

Ownership	Publicly traded (NASDAQ: SYM)
Headcount	2,000 FTEs
Headquarters	Wilmington, Massachusetts
Leadership	Rick Cohen, Chairman of the Board & Chief Executive Officer
Buy-side advisor	—

Share deal Copy details View press release ↗

Symbotic -> Fox Robotics  (2026-09-11)
strategic_acquisition | Supply Chain/Logistics | announced
Target: Fox Robotics makes the FoxBot ATL autonomous electric forklift that automates pallet loading and unloading at warehouse trailer docks for retailers and logistics providers.
Website: foxrobotics.com | Buyer site: symbotic.com
HQ: Austin, Texas | Ownership: vc-backed | Buyer ownership: public (NASDAQ: SYM)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/symbotic-fox-robotics.html

Spotted an error or advised on this transaction? Claim credit or send a correction

MORE IN SUPPLY CHAIN/LOGISTICS

Kaleris (Accel-KKR) acquires Newport Systems Inc. (Shore Points Capital)

Maintenance and repair (M&R) and depot management SaaS platform for intermodal equipment owners, leasing companies, port terminals, rail yards, and repair vendors, automating work orders, damage recovery, reefer monitoring, and genset management

Descartes Systems acquires Extensiv (Mainsail Partners)

Est. $120M Deal Value — Warehouse management, inventory, and omnichannel order fulfillment software for third-party logistics providers and the ecommerce brands they serve

Descartes Systems acquires Tai Software (Accel-KKR)

Est. $100M Purchase Price — AI-powered TMS for freight brokers managing truckload, LTL, drayage, and cross-border shipment lifecycles, unifying quoting, carrier sourcing, load execution, and billing

Tracsis acquires Mistral Data Limited

£48M Enterprise Value — Cloud-native rail software for UK Train Operating Companies covering passenger communications, revenue management, operations scheduling, rolling stock monitoring, and data analytics

Instacart acquires Arpalus

AI-powered computer vision software that turns smartphone video scans of store shelves into real-time inventory and shelf-compliance data for grocery retailers and CPG brands

Descartes Systems acquires Drivin

$30M Upfront Cash Consideration Purchase Price — Cloud-based last-mile delivery management and TMS platform offering route optimization, dispatch management, and real-time execution visibility for distributors, retailers, consumer goods companies, and logistics service providers across Latin America

Browse the full register →

PAST ISSUES CONTACT

Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.