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Partnership

SoftBank Group x Boston Dynamics investment

SoftBank Group acquired Boston Dynamics from Google/Alphabet in 2017, bringing the advanced robotics company under its portfolio. In June 2021, SoftBank sold an 80% controlling stake to Hyundai Motor Group for 1.1B USD valuation, retaining 20%.

investment · Concluded · operating


Machine-readable surfaces

40c53190-2f2e-4654-b432-fa150bfacfc5
Type
investment
Status
Concludedoperating
Announced
2017-06-21
9.3 years ago
Start
2017-06-01
9.3 years ago
Active for
9.3 years

Who’s involved

SoftBank Groupinvestor partner

SoftBank Group is a Japanese multinational conglomerate and investment holding company headquartered in Tokyo, founded in 1981 by [Masayoshi Son](https://en.wikipedia.org/wiki/Masayoshi_Son). Through its SoftBank Vision Funds and direct holdings, it is one of the world's largest technology investors, with major stakes in [OpenAI](https://openai.com), Arm Holdings, and historically [Boston Dynamics](/companies/boston-dynamics). The group operates SoftBank Robotics, which developed the Pepper humanoid social robot, and has committed over 30B USD to AI infrastructure and OpenAI investments

HQTokyo, Japangroup.softbank6 partnerships

Most-frequent partners

Boston Dynamicstechnology provider

One of the most iconic names in robotics, founded 1992 (MIT spinout) and acquired by Hyundai Motor Group in June 2021 at a ~$1.1 billion valuation. Best known for headline-grabbing demonstrations, its current humanoid is the all-electric [Atlas](/models/boston-dynamics-atlas) (a full redesign of the original hydraulic Atlas), now moving into commercial factory work with Hyundai. Its quadruped [Spot](/models/boston-dynamics-spot) is the company's established commercial success (industrial inspection, security, research), informing its robots-as-a-service pricing and field-support models. Deployments: the electric Atlas is being deployed into Hyundai's manufacturing operations (including the Georgia Metaplant Application Center), beginning with material-handling/evaluation tasks and progressing toward production-line work; software is developed with Hyundai operational data and a DeepMind partnership. Boston Dynamics has stated plans for up to 30,000 Atlas units per year by 2028 through Hyundai (a forward capacity plan, not current output). Atlas won Best Robot / Best of CES at CES 2026. Valuation note: following the CES 2026 Atlas demonstration, Boston Dynamics is undergoing a significant valuation re-rating: Korean securities firms have implied valuations of roughly $21-28 billion and bullish analysts have floated IPO targets of $85B+, but these are implied/speculative figures, not a confirmed raise or IPO. The company is widely noted as pre-commercial on humanoids (Atlas) even as Spot is commercially proven.

HQWaltham, Massachusetts, USAbostondynamics.com23 partnerships

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Sources (1)

  1. https://www.hyundainews.com/releases/3219

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