Agility Robotics Raises $400M at $1.75B Valuation as Humanoid Robot Competition Heats Up
Summary
Agility Robotics secures $400 million funding at $1.75 billion valuation as its 5-foot-9-inch humanoid robot Digit gains enhanced battery life, autonomous charging, and improved grasping capabilities while competing for warehouse automation dominance against rivals in the rapidly expanding humanoid robotics market.
Key Points
- Agility Robotics is reportedly raising $400 million in new funding at a $1.75 billion pre-investment valuation, with WP Global's venture arm leading and SoftBank participating
- The Salem, Oregon-based company develops Digit, a 5-foot-9-inch bipedal humanoid robot that can handle 35-pound payloads and performs warehouse tasks like tote consolidation at Amazon facilities
- Agility announces new capabilities for Digit including expanded battery life, autonomous charging dock capability, enhanced safety features, and improved grasping abilities as competition intensifies in the humanoid robotics sector