Round size and valuation
Munich-based robotics company Agile Robots has raised $500 million in a funding round led by SoftBank. According to the company's statement reported by Bloomberg, the round values the company at $8.5 billion.
Who joined
SoftBank led the round, with NVIDIA, Hitachi and T.Capital also participating. The mix suggests strategic interest from both the chip and industrial sides, not just financial capital.
Total funding nears $2 billion
With the new round, Agile Robots' total funding has reached roughly $2 billion. The company works on humanoid robots and industrial robotics solutions.
Why it matters
Humanoid robotics is one of the areas drawing the most investment as AI models move into the physical world. SoftBank's lead and NVIDIA's participation show the capital race in the sector is still running.
