Cibus Capital exits Adroit Worldwide Media in Grainger asset deal
Cibus Capital exited vision technology portfolio company Adroit Worldwide Media via Grainger’s acquisition of its technology, IP, and talent.
The transaction was valued at USD 210 million, resulting in a full realization across Cibus Enterprise Fund and Cibus Enterprise Fund II.
Adroit Worldwide Media sells computer-vision inventory visibility and automated restocking technology for retailers, warehouses, and construction sites.
Cibus first backed Adroit Worldwide Media in 2021 and maintained a minority stake throughout ownership.
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