Agility Robotics Raises $20M in Funding

Agility Robotics

Agility Robotics, an Albany, Ore.-based maker of legged robots, closed a $20m funding round.

The round was led by DCVC and Playground Global, which were joined by TDK Ventures, MFV Partners, the Industrial Technology Investment Corporation, Sony Innovation Fund, and Safar Partners. In conjunction with the funding, DCVC’s Matt Ocko will join Agility Robotics’ board of directors.

The company, which has raised a total of $29m since its founding in 2015, intends to use the funds to expand its business reach among logistics providers, e-commerce retailers and others for robots that can work alongside humans to automate repetitive, physically demanding or dangerous work safely and scalably, even in the majority of spaces that are not purpose-built for automation.

Led by co-founder and CEO Damion Shelton and co-founder and CTO Jonathan Hurst Agility Robotics provides Digit, a humanoid robot with both mobility and manipulation capabilities. Commercially available since July 2020, Digit can handle unstructured indoor and outdoor terrain, going where people go, is versatile and can do a range of different jobs that have been designed around a human form factor.

FinSMEs

15/10/2020

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