Mon. Aug 8th, 2022

Agility Robotics Raises $150M in Series B Funding

Agility Robotics, a Corvallis, OR-based creator and manufacturer of robots designed to work alongside people in logistics and warehouse environments, raised $150m in Series B funding.

The round was led by DCVC and Playground Global with participation from The Amazon Industrial Innovation Fund, MFV Partners, ITIC, Robotics Hub, Safar Partners, Sony Innovation Fund, and TDK Ventures.

The company intends to use the funds to accelerate R&D and scale its robot production, to continue expanding its operations and hiring in the U.S, doubling its headcount by 2024.

Led by Damion Shelton, CEO, and Dr. Jonathan Hurst, CTO, Agility Robotics makes robots that are made for work, capable of doing limitless tasks as part of a blended human-robot workforce.

The company has opened a new office in Pittsburgh, PA in addition to expanding its primary Oregon facilities and Palo Alto operations.

FinSMEs

23/04/2022

SOURCE https://www.finsmes.com/2022/04/agility-robotics-raises-150m-in-series-b-funding.html

Leave a Reply

Your email address will not be published. Required fields are marked *