M&A Deal Summary

Lucid Bots Acquires Avianna

On July 24, 2024, Lucid Bots acquired information technology company Avianna

Acquisition Highlights
  • This is Lucid Bots’ 1st transaction in the Information Technology sector.
  • This is Lucid Bots’ 1st transaction in the United States.
  • This is Lucid Bots’ 1st transaction in Illinois.

M&A Deal Summary
Date 2024-07-24
Target Avianna
Sector Information Technology
Buyer(s) Lucid Bots
Deal Type Add-on Acquisition

Target

Avianna

Lisle, Illinois, United States
Avianna is an AI company that enables robots to understand human language and operate autonomously. The Company's products, Mission AI, Vision AI, and Fleet Management, are designed to enable natural language communication between the robot and its operator, unlocking previously inaccessible potential and transforming the robotics industry into a more collaborative space. Avianna is based in Lisle, Illinois.

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Buyer(S) 1

Buyer

Lucid Bots

Charlotte, North Carolina, United States
Category Company
Founded 2018
Sector Machinery
DESCRIPTION

Lucid Bots is an AI robotics company committed to uplifting humanity by building robots that can do dangerous and demanding tasks. The company engineers, manufactures, and supports its products domestically, which include the Sherpa, a cleaning drone, and the Lavo Bot, a pressure-washing robot. Lucid Bots was formed in 2018 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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