Agile Robots closes $500m Series F led by SoftBank Group
The Munich robotics company reaches an $8.5bn valuation and will expand production and its US presence.
Agile Robots has closed a $500 million Series F led by SoftBank Group, bringing its total invested capital to $2 billion. NVIDIA, Hitachi, Hitachi Ventures and T.Capital participated in the round.
Scaling industrial robotics
The funding will support US expansion, entry into new markets and additional manufacturing capacity, including in Germany. The company develops AI-powered robots, robotic arms and hands for industrial automation.
From research to factory deployment
Founded in Munich in 2018 as a spin-off from the German Aerospace Center, Agile Robots serves customers in automotive, electronics, healthcare and other industries. The company says it has deployed more than 20,000 industrial robotic solutions.
Use of funds
Expand in the United States and new markets and increase production capacity, including in Germany.