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Amazon Buys Maker of Human-Like Robot Called Sprout

AMZN
M&A & RestructuringTechnology & InnovationPrivate Markets & VentureProduct Launches

Amazon acquired New York-based startup Fauna Robotics, with the deal closing last week. Fauna is developing a humanoid-style robot that can walk, dance and pick up objects; the unit is priced at $50,000. This appears to be a strategic tuck-in to bolster Amazon's robotics/automation capabilities rather than a material near-term financial event.

Analysis

Amazon acquired New York-based startup Fauna Robotics, with the deal closing last week. Fauna is developing a humanoid-style robot that can walk, dance and pick up objects; the unit is priced at $50,000. This appears to be a strategic tuck-in to bolster Amazon's robotics/automation capabilities rather than a material near-term financial event.

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