Agile Robots Raises $220M in Series C Funding for Global Expansion
Agile Robots, a Munich and Beijing-based tech company, has secured $220 million in a Series C funding round. The investment will support the company's growth and product development.
Agile Robots has been making waves in the robotics industry, thanks to its strategic partnerships. Since late 2021, it has collaborated with Chinese entities like Tsinghua University, Booster Robotics, and the HTWK Leipzig robotics team. This cooperation has provided Agile Robots with advanced robotic hardware and contributed to its top global rankings in humanoid robotics competitions in China.
The funding round was led by SoftBank Vision Fund 2, with notable participation from Chimera Investments of Royal Abu Dhabi Group, GL Ventures, Sequoia China, Linear Capital, and other strategic investors. The company plans to use these funds to further develop and manufacture its products, and to expand its operations.
Agile Robots' successful funding round, bolstered by its strategic partnerships and global achievements, positions the company for significant growth. The raised funds will support its product development and expansion plans.
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