Germany’s Agile Robots Raises $500M in Series F Funding to Expand Physical AI Production
By Greg Bock · · 2 min read
Insider Brief
- German robotics company Agile Robots raised $500 million in Series F funding at an $8.5 billion valuation to expand physical AI production capacity and strengthen its international operations.
- The SoftBank Group-led round included Nvidia, Hitachi Group and T.Capital, bringing Agile Robots’ total invested capital to $2 billion.
- Agile Robots reports 20,000 deployed industrial robotic solutions and operates a German facility capable of producing up to 10,000 legged and wheeled humanoid robots annually.
German robotics company Agile Robots has raised $500 million in Series F funding at an $8.5 billion valuation to increase manufacturing capacity and expand its physical AI business internationally.
The SoftBank Group-led round included Nvidia, Hitachi Group, through Hitachi and Hitachi Ventures, and T.Capital. According to Agile Robots, the financing brings its total invested capital to $2 billion.
The Munich-based company plans to use the funding to strengthen its presence in the United States, expand production capacity, including in Germany, and develop additional robotics applications.
Agile Robots makes humanoid and mobile robots, robotic arms and hands, along with the AI models and software used to control them. Its customers include companies in the automotive, consumer electronics, healthcare and service industries.
“Physical AI will fundamentally change how the world builds, moves and makes things,” founder and CEO . Zhaopeng Chen said. “Our vision is intelligent robots working alongside people in factories and warehouses everywhere, and Agile Robots is determined to lead that shift. We bring Physical AI out of the lab and into industrial production, across logistics, automotive, electronics and manufacturing.”
Expanding Industrial Production
The company reported that it has deployed 20,000 industrial robotic solutions since its founding, including systems used in automotive manufacturing, consumer electronics and logistics. Earlier this year, Agile Robots opened a manufacturing facility in Fürstenfeldbruck, near Munich, with the capacity to produce up to 10,000 legged and wheeled humanoid robots annually.
Agile Robots was founded in 2018 as a spin-off from the German Aerospace Center (DLR), initially focusing on bringing robotics research into industrial applications.
The company now has more than 2,000 research and development specialists and over 650 patents, according to the announcement. Its portfolio includes Franka Robotics, an AI robotics research platform, and Krause Automation, an industrial deployment specialist recently acquired from thyssenkrupp.
