Dec 2018

DCS Advisory Acts as Exclusive Financial Advisor to Robotiq on its CAD$31 Million Investment from Battery Ventures

DCS Advisory, a leading investment banking firm, acted as the exclusive financial advisor to its client Robotiq, a provider of tools and software for the collaborative robotics market, on its CAD$31 million growth equity investment from global investment firm Battery Ventures, the company’s first institutional funding.

Collaborative robotics, or the practice of using robots in workplace situations where they are nearby and working with humans, is a fast-growing segment of the robotics market. Robotiq makes equipment including specially designed, plug and play “grippers” that can handle manufacturing tasks previously done by human hands.

“Collaborative robotics is transforming industries today, offering low-cost, easy-to-deploy solutions that stand in contrast to the more complicated, legacy robotics systems of the past,” said Samuel Bouchard, co-founder and CEO of Robotiq. “We could not be more excited to work with Battery Ventures … to take our company to the next level.”

“Our goal in the raise was to find the best possible partner with good financial terms so we can grow the business to the next level. Being a small team in a fast-paced environment, we looked for advisors who could ensure we achieved the goal while allowing us to keep our focus on operating the business. Steven Dana, Chris Hastings and the team at DCS Advisory were extremely resourceful to help us get a great outcome, working on our side while allowing us to keep an eye on the business during the raise,” Mr. Bouchard continued.

The transaction is the DCS Advisory’s sixth private capital raise in the last six months and highlights the firm’s commitment to its growing robotics practice.

About DCS Advisory
DCS Advisory LLC is a leading investment bank specializing in M&A and private capital raising. DCS Advisory is a wholly owned subsidiary of Daiwa Capital Markets America Holdings Inc. and is an indirect subsidiary of Daiwa Securities Group Inc. Along with sister company DC Advisory, other Daiwa affiliates, and alliance partners, DCS Advisory is part of an established global brand with more than 900 professionals in 37 offices throughout the Americas, Europe and Asia. DCS Advisory covers a broad range of industries including Aerospace, Defense and Government Services, Business and Tech-Enabled Services, Industrials, Consumer, Retail and Leisure, Media and Telecom, and Technology and Software. For more information please visit www.dcsadvisory.com. 

These materials have been prepared by DCS Advisory solely for informational purposes and do not constitute or form part of, and should not be construed as, an offer to sell or issue, a solicitation of an offer to buy, or a recommendation with respect to any securities.