Agile Robots Closes $500M Series F Led by SoftBank at $8.5B Valuation
Agile Robots, a Munich-headquartered physical AI company, announced on Nov. 12 that it completed a $500 million Series F financing. The round values the company at $8.5 billion post-money and brings its cumulative funding to $2 billion, according to the company.
SoftBank Group led the investment. The round also drew participants from the automotive, artificial intelligence, digital technology and industrial technology sectors, Agile Robots said, without disclosing individual backer contributions or the use of proceeds.
The financing ranks among the larger recent rounds for a physical AI and robotics developer. It signals continued investor appetite for companies combining AI software with embodied systems for industrial applications; physical AI generally refers to machines that perceive, reason and act in the real world. The valuation places Agile Robots among the most highly valued private robotics companies, underscoring competition for embodied AI assets globally. Agile Robots said the capital will support its growth, though it did not detail specific spending plans; the announcement also did not specify revenue, profitability or deployment figures.