Agile Robots Closes USD 500 Million Series F at USD 8.5 Billion Valuation

By Jiang Si Qi

Munich-headquartered Agile Robots announced on November 12 that it has closed its Series F round, raising USD 500 million at a post-money valuation of USD 8.5 billion. The latest round brings the company's total cumulative funding to more than USD 2 billion.

On November 12, Munich-headquartered Agile Robots announced the completion of its Series F funding round on its official website. The round raised USD 500 million, bringing the post-money valuation to USD 8.5 billion. To date, the company's cumulative funding has exceeded USD 2 billion.

SoftBank Group led the round, with follow-on investments from NVIDIA, Hitachi (including Hitachi Ventures), T.Capital, and other institutions. The investor base spans the automotive, artificial intelligence, digital technology, and industrial technology sectors. The proceeds will be used to deepen the company's presence in the U.S. market, explore new markets, accelerate the deployment of innovative robotic applications, and continuously expand production capacity in Germany and other regions.

Earlier this year, Agile Robots officially commenced production at its new manufacturing facility in Fürstenfeldbruck, on the outskirts of Munich. The facility has a maximum annual production capacity of 10,000 legged and wheeled humanoid robots.

Agile Robots' product portfolio encompasses humanoid robots, mobile robots, robotic arms, and dexterous hands, along with supporting software and AI models. The company targets customers in the automotive, consumer electronics, healthcare, and service industries, aiming to automate processes that rely heavily on fine manual dexterity and subjective human judgment.

Agile Robots Founder and CEO Zhaopeng Chen said, "Physical AI will fundamentally reshape production, transportation, and manufacturing paradigms. Our goal is to bring intelligent robots into factories and warehouses worldwide to collaborate with humans, with Agile Robots leading this transformation. We are moving physical AI from the lab to the industrial floor, deploying it across logistics, automotive, electronics, and manufacturing scenarios. This funding will help us accelerate our global expansion, consolidate our footprint in key markets, and further scale up production capacity."

Dennis Chang, Managing Partner at SoftBank Investment Advisers, commented, "We see tremendous transformative potential for physical AI across numerous industries. Agile Robots combines a robust foundation in robotics technology with the ability to deploy solutions at an industrial scale, enabling the integration of physical AI into everyday enterprise operations. We are honored to continue partnering with Dr. Chen and the Agile Robots team to drive breakthrough advancements in industrial automation."

Agile Robots was spun out in 2018 from the robotics research team at the German Aerospace Center (DLR), with a core focus on translating cutting-edge robotics technologies into deployable industrial solutions. To date, the company has delivered more than 20,000 industrial robotic solutions across the automotive, consumer electronics, and logistics sectors. Its R&D team comprises over 2,000 members, it has filed more than 650 patent applications, and it operates independent manufacturing facilities in Germany and other locations.

Its business entities include the AI robotics R&D platform Franka Robotics and Krause Automation, which focuses on industrial project delivery and was recently acquired from thyssenkrupp AG. Together with subsidiaries BÄR Automation, Franka Robotics, Idealworks, and Krause Automation, Agile Robots has established a comprehensive presence across the AI robotics sector.

AgiBot currently employs more than 3,500 people from nearly 60 countries and operates over 20,000 square meters of laboratory space.