SoftBank, Nvidia back Germany's Agile Robots at $8.5 billion valuation
NVDA•Agile Robots raised $500 million in a funding round led by SoftBank, valuing the German robotics company at $8.5 billion. Nvidia and Hitachi also participated.
1. Funding round
Agile Robots raised $500 million in a funding round led by SoftBank, valuing the German robotics company at $8.5 billion. Nvidia and Hitachi also took part. The Munich-based maker of humanoid robots and robotic arms said it would use the money to expand in the US and add production capacity, including in Germany.
