Agile Robots raises $500 million Series F at $8.5 billion valuation
Agile Robots has closed a $500 million Series F funding round led by SoftBank Group at an $8.5 billion valuation. Participants included NVIDIA, Hitachi Group (Hitachi and Hitachi Ventures) and T.Capital.
- Raised
- $500 million
- Round
- Series F
- Investors
- 5
- Investors
- SoftBank GroupNVIDIAHitachiHitachi VenturesT.Capital
- Target market
- Industrial customers in automotive, consumer electronics, healthcare and services
- Use of funds
- Supporting increased production capacity and expansion into key markets
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Quick Answers
What is the latest news about Agile Robots?
Agile Robots has closed a $500 million Series F funding round led by SoftBank Group at an $8.5 billion valuation. Participants included NVIDIA, Hitachi Group (Hitachi and Hitachi Ventures) and T.Capital.
What does Agile Robots do?
Agile Robots was founded in Munich in 2018 as a spin-off from the German Aerospace Center (DLR). It provides AI-powered robotics solutions to automotive, consumer electronics, healthcare and service customers.
How much did Agile Robots raise?
Agile Robots raised $500 million in its Series F.
Who invested in Agile Robots?
Investors named in this Series F include SoftBank Group, NVIDIA, Hitachi, Hitachi Ventures and T.Capital.
How will Agile Robots use the funding?
Agile Robots plans to use the money for supporting increased production capacity and expansion into key markets.
Where is Agile Robots based?
Agile Robots is based in Germany.
Who are the key people at Agile Robots?
Key people named in this report: Dr. Zhaopeng Chen (CEO and Founder).