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Agile Robots' valuation has reached $8.5 billion

მარიამ ქადარიაNovember 13, 20261 min read
Agile Robots' valuation has reached $8.5 billion

German company Agile Robots has raised another $500 million from investors, bringing the company's valuation to $8.5 billion.

The lead investor was Japan's SoftBank. Nvidia, Hitachi, and other investors also contributed funds to the company. Since 2018, total investments in Agile Robots have reached approximately $2 billion.

The Munich-based company builds humanoid robots, robotic arms, and automated systems for factories. With the funds raised, Agile Robots plans to enter the US market and expand production in Germany.

The company also opened a new factory near Munich this year, capable of producing up to 10,000 humanoid robots per year.

Source: Investing.com

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