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Agile Robots raises $500 mln at $8.5 bln valuation - RobotHOT

Agile Robots raises $500 mln at $8.5 bln valuation

Agile Robots said it has raised $500 million in a funding round led by SoftBank Group, with Nvidia, Hitachi and T.Capital participating, valuing the Munich-based robotics company at $8.5 billion. Founded in 2018, Agile Robots is led by founder and CEO Chen Zhaopeng, who holds a bachelor’s degree from the Robotics Institute at Harbin Institute of Technology and previously served as deputy director of a laboratory at the German Aerospace Center’s Institute of Robotics and Mechatronics. He co-founded the company with Peter Meusel. Agile Robots has built full-stack core hardware and software capabilities spanning motors, reducers and sensors, as well as robotic arms, dexterous hands and humanoid robots, and robot operating systems, foundation models and application algorithms. It has extended...

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