# Instacart acquires Caper AI: acquisition

Canonical ID: `36ae3859-fce5-4d2e-95bb-8d50d7543d29`

Instacart acquired smart-cart maker Caper AI (~$350M, 2021). Caper co-founders Lindon Gao and York Yang later founded Dyna Robotics (cross-ref people-graph: lindon-gao, york-yang).

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $350.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** Instacart _(off-registry)_
- **Acquired:** Caper AI _(off-registry)_

## Timeline

- **Closed:** 2021-10-01

## Sources (1)

1. https://www.instacart.com/


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