卡斯特迪亚RAAI季度报告——2022年第4季度

Cascadia RAAI Quarterly Newsletter: Q4 2022 Updates from Cascadia Capital and the RAAI Team: Cascadia Capital Receives Growth Equity Investment In this Newsletteryou will find Cascadia’s insights onsome of the most relevant topics within the broaderrobotics, automation and artificial intelligence sectorsincluding: "Across the broader investment banking landscape,large Wall Street banks have become lessentrepreneurial, less versatile, and more like utilities.This shift underscores the critical need for whatCascadia brings to the market as an innovative andflexible independent firm. We are proud to align ourfirm with this talented team." Fall 2022 has been a busy time for Cascadia Capitaland the RAAI team. Between a heavy conferenceschedule, important market developments, andexciting news at the firm level, there has been littledown time! Some updates include: Cascadia closed a strategic growth equity investmentfrom Atlas Merchant Capitalin November as the firmlooks to accelerate its rapid growth as one of the mostactive independent middle-market and emerginggrowth investment banks in the country. -Bob DiamondFounding Partner and CEOAtlas Merchant Capital The firm opened a new office in Austin, Texas inOctoberas Cascadia looks to expand its reach into newmarkets, especially high-growth, technology-focusedplaces like Austin. Table of Contents Cascadia RAAI Contacts: Jason LippenbergerSenior Vice Presidentjlippenberger@cascadiacapital.com Cascadia on the Road: Conference Recaps Oct 10th– 13th, Boston, MA For the 2ndconsecutive year, Cascadia Capital had thepleasure to serve as aPlatinum Sponsorof theAutonomous Mobile Robots & Logistics WeekinBoston, MA hosted by the Association for AdvancingAutomation (A3). Hundredsof founders, investors, and customersgathered to discuss the latest trends in warehouse andsupply chain automation with a specific emphasis onautonomous mobile robots. Co-located with the event wasThe Vision Show, NorthAmerica’s leading machine vision & imaging showcase. Noteworthy keynote speakersfrom some of the mostactive participants in the robotics industry spoke at theevent including leaders from Amazon, ZebraTechnologies, DHL, Proctor & Gamble, BostonDynamics, 3M, KUKA, Locus Robotics, Vecna Robotics,and more. Cascadia on the Road: Conference Recaps (Cont’d) Oct. 19th– 20th, Santa Clara, CA RoboBusiness 2022,hosted by WTWH Media, is one ofthe pioneering events of the robotics industry, offeringinsight into developments across the entire roboticsecosystem as well as ample industry networkingopportunities. This year's event marked thefirst RoboBusiness since2019,offering a fantastic opportunity for founders,investors, and thought leaders to connect again inperson. Co-located with the event was theField RoboticsEngineering Forum, an event curated specially forrobotics solutions operating in wide-ranging, outdoor,dynamic environments such agriculture, construction,and mining. Key Speakersincluded representatives from Robust.ai,Agility Robotics, Waymo, DHL, Dusty Robotics, FORTRobotics, Universal Robots, GrayMatter Robotics,InOrbit, Vecna Robotics and more. Cascadia on the Road: Conference Recaps (Cont’d) Sep. 25th– 27th,Munich, Germany Sep. 20th, New York, NY Select Observations & Takeaways:1)The greater Munich area is a clear epicenter of the German technology Select Observations & Takeaways:1)Drones are increasingly solving real world problems and have seen substantial developments in package and food delivery.2)Lack of appropriate labor will continue to drive automation in warehouse andmanufacturing settings. Even in a recessionary environment with risingunemployment, those looking for a new job won’t necessarily be interested inor have a skillset fit for many factory and supply chain roles.3)Lack of exit opportunities in the current climate, including a largely shut IPOmarket, will continue to weigh on growth stage investment. ecosystem.2)Palpable energy of over 5000 attendees and founders after the prolongedCovid hiatus.3)Heavy focus on SaaS over hardware or mobile applications, perhaps a shiftfrom earlier years, though several robotics companies in attendance.4)Festbier makes for a great conversation starter. Cascadia on the Road: Conference Recaps (Cont’d) Sep. 23rd– 26th, Chicago, IL Select Observations & Takeaways:1)Supply Chain and logistics a major theme at the show, along with traditional Select Observations & Takeaways:1)RobOpscon, sponsored by the Robot Operations Group, had its inaugural year packaging and automation equipment.2)AI based vision systems making inroads and showing increasing importance asit relates to materials handling, reducing deployment time and categoryswitchover programing.3)Automation as a hedge against labor shortages was a key theme, as well asindustry sustainability and traceability.4)Robotics in general were front and center throughout the show and safety wasa key.5)Inflation affecting consumer spending habits, shifting co