Press Release
April 15, 2024

Fox Robotics Enters Multi-Year Agreement with Walmart

Walmart has entered into a multi-year agreement with Fox Robotics and is investing growth capital for a minority stake in the company. Walmart has deployed 19 "FoxBot" autonomous forklifts across 4 of their high-tech distribution centers. 
Goodwin represented Fox Robotics in both the financing and commercial agreement. The deal team consisted of Aaron Terwey, Shiyi Fan, Alesha Neumann (Corporate), Kevin Liu, and Christine Tran (IPTS).
Read more about the deal here.
Fox Robotics, based in Austin, Texas, was founded in 2017 with the goal of bringing intelligent warehouse automation to the masses through safe robotic forklifts at scale. Learn more here