Agility Robotics SPAC Deal Values Company at $2.5 Billion, Raises $620M
CCXI•Agility Robotics will merge with Churchill Capital Corp XI in a SPAC deal valuing the combined firm at $2.5 billion. The transaction will raise over $620 million, including $420 million from Churchill’s trust and $200 million in new financing led by Foxconn, Amazon, Nvidia and SoftBank.
1. SPAC Merger Terms
Agility Robotics will merge with Churchill Capital Corp XI in a SPAC transaction that values the combined entity at $2.5 billion. The boards of both companies have approved the deal, and the combined firm will list under the ticker AGLT on a major North American exchange.
2. Capital Raise and Investors
The merger is expected to generate over $620 million in gross proceeds, comprising $420 million held in Churchill’s trust account and $200 million in new financing led by Taiwan-based Foxconn. Additional backers include Amazon, Nvidia and SoftBank, providing strategic support for robotics commercialization.
3. Digit Robotics Portfolio
Agility’s flagship Digit v4 humanoid robot, standing 5-foot-9 and capable of lifting 35 pounds, has been deployed by GXO, Amazon and Mercado Libre for tasks like tote stacking and conveyor operations. The v4 operates up to 16 hours per day and is designed to integrate with existing warehouse automation.
4. Next-Gen Digit v5 Outlook
The upcoming Digit v5 model will lift up to 50 pounds, reach 7.2 feet and run for up to 22 hours daily without fencing, enabling closer human collaboration. Agility has secured over $300 million in multi-year v5 orders and projects enhanced dexterity will expand its total addressable market by late 2026.
