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Munich‑based physical AI firm Agile Robots has secured $500 million in a Series F financing round, taking its valuation to $8.5 billion.
The round was led by Japan’s SoftBank Group with participation from Nvidia, Hitachi Group and T Capital, bringing the start‑up’s total invested capital to $2 billion.
Agile Robots, founded in 2018 by Dr Zhaopeng Chen and Peter Meusel as a spin‑out from the German Aerospace Center, develops AI‑driven humanoid and mobile robots, robotic arms and hands, and the software that powers them for industrial use.
The company says its technology enables customers in automotive, consumer electronics, healthcare and service sectors to automate tasks that traditionally rely on human dexterity and judgement. It has filed more than 650 patents and employs over 2,000 R&D experts.
Funds will be used to expand production capacity, including further development at its new Fürstenfeldbruck site near Munich, and to support entry into key markets such as the United States.
SoftBank Investment Advisers’ managing partner Dennis Chang said physical AI will transform industries, noting Agile Robots’ ability to combine deep robotics expertise with industrial‑scale execution.
Source: Silicon Republic. Photo: Freek Wolsink / Pexels.