Warehouse robotics and automation company Symbotic raises $725M after going public via SPAC, valuing it at over $10B after shares jumped 120% to ~$20 (Financial Times)

Financial Times:
Warehouse robotics and automation company Symbotic raises $725M after going public via SPAC, valuing it at over $10B after shares jumped 120% to ~$20  —  Symbotic executive eyes automation trend due to wage costs and labour shortages  —  Rising retail wages will fuel “hyper growth” …