SYM

Symbotic Inc.

A maker of AI-powered warehouse robots and software, Symbotic builds fleets of fast-moving autonomous robots that zip through distribution centers to store, retrieve, and palletize goods for big retailers and grocers like Walmart, Target, and Albertsons. It began in 2007 as CasePick Systems, the brainchild of grocery-wholesaler Rick Cohen, who was frustrated with the "Tetris-like" puzzle of hand-building pallets and tested his machines in his own warehouses before renaming the company Symbotic in 2012. The name blends "symbiotic" and "robotics," a nod to robots and software working in harmony.