Investment Banking Practice Aimed at Robotics, Automation, AI Launched

SEATTLE – Cascadia Capital said it is launching one of the nation's first emerging growth investment banking practice groups dedicated to Robotics, Automation, and Artificial Intelligence (RAAI). Cascadia said its new RAAI group is well-positioned to provide the nuanced M&A and capital raising guidance business owners and entrepreneurs in this sector need as RAAI technology continues to upend critical industries, resulting in permanent market shifts. The RAAI group is built on the firm's history of advising companies in the RAAI space through its long-standing Industrials, Energy & Applied Technology, Healthcare, Consumer, and Food & Ag practice groups. The practice is led by Cascadia Chairman & CEO Michael Butler and Managing Directors Jamie Boyd and Firdaus Pohowalla, with support from Vice Presidents Yee Lee and Jason Lippenberger, Associate Tarek Elmasry, and Analysts Scott Whiting and Mikaela Slade. "We have been active in the RAAI space for several years with growing excitement and felt that the time was right to formally pull together the firm's expertise in a way that maximizes the service we deliver to our clients," Butler said.