Berkshire Grey, Inc., an intelligent enterprise robotics company, provides AI-enabled robotic solutions that automate supply chain operations in the United States and Japan. The company's solutions automate filling ecommerce orders for consumers or businesses, filling orders to resupply retail stores and groceries, and handling packages shipped to fill those orders. It serves retail, ecommerce, grocery, package handling, and third-party logistics markets. The company was founded in 2013 and is headquartered in Bedford, Massachusetts.

Berkshire Grey, Inc.

It’s time to radically change the essential way we do business. 

At Berkshire Grey, our game-changing solutions combine AI and Robotics to automate omni-channel fulfillment for retailers, eCommerce, and logistics enterprises serving today’s connected consumers. 

By transforming pick, pack and sort operations, our technology is a fundamental engine of change that moves you forward.


Khosla Ventures

New Enterprise Associates

Social Capital

SoftBank Capital

BlackRock

Canaan Partners

Chamath Palihapitiya

Employee Stock Option Fund

SoftBank

SoftBank Vision Fund

Berkshire Grey

Once upon a time in the festive town of Warehouseville, there was a remarkable company known as Berkshire Grey. In this town, 🎄 Christmas preparations were not like any other place. Instead of the traditional hustle and bustle of Santa and his elves, the futuristic hum of BG robotic arms filled the air. 🎅 

As the holiday season approached, families in Warehouseville eagerly submitted their wish lists. The BG PickElves, programmed with the utmost precision, and leveraging advanced AI, worked around the clock, picking clothing, toys, gadgets, and goodies with speed and accuracy. The atmosphere was filled with the sound of holiday tunes, and the robots worked tirelessly to spread joy. 🎁 

When the clock struck midnight, signaling the arrival of Christmas Day, the BG PickElves used careful placement to drop gifts down every chimney. And so, in Warehouseville, a new era of Christmas magic had begun—one where the robotic wonders of Berkshire Grey brought smiles to every face, proving that even in the age of technology, the spirit of Christmas could be just as enchanting and heartwarming as ever. ✨ 

Seemed fitting for AI (credit to ChatGPT) to write a Christmas story for an AI-enabled robotics company 🤖 

Happy Holidays! 

’Tis the season Berkshire Grey joins Santa to help with festive flair, the hum of BG robotic arms and whirring gears filling the air. 🎅🏻❄️🎄

Our state-of-the-art robots are designed to make the holiday season stress-free for retailers, customers, and elves alike. Programmed with the utmost precision, and leveraging advanced AI, our robots can work around the clock with speed and efficiency, so Santa can focus on checking his list, and checking it twice.

#RoboticAutomation #WarehouseAutomation #AIAutomation 

Berkshire Grey offers a dynamic engineering career. Conor O'Neil, a mechanical engineer, designs components vital for robotic operations, delivering real-world impact. 

Join our fast-paced, collaborative environment where learning and adaptability are highly valued: https://lnkd.in/g7Sptt8R 

#RoboticAutomation #IntelligentAutomation #WarehouseRobotics

Find how robotic automation is shaping the future of retail supply chains.

Noah Maynard, Berkshire Grey Principle Solutions Architect, discusses the holistic approach to warehouse robotics and its compelling impact on the retail fulfillment environment: https://lnkd.in/gmMW-t5J

#RoboticAutomation #IntelligentAutomation #Robotics

Explore the different Software Engineer roles at Berkshire Grey! 

Join our team and embrace customer focus, meticulous execution, and innovation in material-handling robotics. 

Make your mark with us: https://lnkd.in/gS2jMwpv 

#RoboticAutomation #IntelligentAutomation

	Dec '19	Dec '20	Dec '21	Dec '22
account payables	1.24M -	1.68M 35.67%	6.77M 302.50%	5.29M 21.81%
accumulated other comprehensive income loss		1K -	-16K 1,700%	-39K 143.75%
cash and cash equivalents	159.30M -	93.86M 41.08%	171.09M 82.29%	64.32M 62.40%
cash and short term investments	159.30M -	93.86M 41.08%	171.09M 82.29%	64.32M 62.40%
common stock	3K -	3K 0%	24K 700%	25K 4.17%
deferred revenue	30.64M -	22.33M 27.11%	19.22M 13.95%	15.92M 17.14%
deferred revenue non current
deferrred tax liabilities non current
goodwill
goodwill and intangible assets
intangible assets
inventory	403K -	758K 88.09%	2.64M 248.42%	8.09M 206.32%
long term debt				8.59M -
long term investments
net debt	-159.30M -	-93.86M 41.08%	-171.09M 82.29%	-55.73M 67.43%
net receivables	565K -	16.75M 2,864.96%	13.29M 20.66%	12.34M 7.16%
other assets
other current assets	229K -	132K 42.36%	5.08M 3,746.97%	1.25M 75.31%
other current liabilities	72K -	182K 152.78%	146K 19.78%	11.74M 7,939.04%
other liabilities
other non current assets	214K -	1.18M 453.20%	884K 25.33%	1.28M 44.46%
other non current liabilities	227.85M -	228.55M 0.30%	30.67M 86.58%	1.97M 93.56%
othertotal stockholders equity	14.03M -	17.58M 25.31%	449.31M 2,456.08%	478.22M 6.43%
preferred stock
property plant equipment net	1.69M -	9.40M 456.06%	10.87M 15.64%	18.30M 68.25%
retained earnings	-94.06M -	-151.70M 61.28%	-305.08M 101.10%	-407.88M 33.69%
short term debt	4.35M -	7.77M 78.81%	15.66M 101.51%
short term investments		1.84K -
tax assets		38.15K -
tax payables	142K -	879K 519.01%	372K 57.68%	192K 48.39%
total assets	184.12M -	126.39M 31.35%	216.68M 71.44%	113.84M 47.46%
total current assets	182.21M -	115.76M 36.47%	204.93M 77.02%	94.27M 54.00%
total current liabilities	36.29M -	31.96M 11.93%	41.79M 30.73%	32.95M 21.15%
total debt				8.59M -
total investments		1.84K -
total liabilities	264.15M -	260.51M 1.38%	72.45M 72.19%	43.51M 39.94%
total liabilities and stockholders equity	184.12M -	126.39M 31.35%	216.68M 71.44%	113.84M 47.46%
total non current assets	1.91M -	10.63M 457.74%	11.76M 10.66%	19.57M 66.46%
total non current liabilities	227.85M -	228.55M 0.30%	30.67M 86.58%	10.56M 65.55%
total stockholders equity	-80.03M -	-134.12M 67.59%	144.23M 207.54%	70.33M 51.24%

COM:BERKSHIREGREY

Berkshire Grey

Last Close

1.41

19/07 20:00

Market Cap

340.69M

Beta: -

Volume Today

730.77K

Avg: -

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