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Agile Robots Announces The Completion Of Series C Financing Led By Softbank Vision Fund 2

PRIVATESep 10, 2021

Round Type

Series C

ChinaHardwareSoftwareSales And Marketing

Description

Agile Robots, a leading intelligent robotics company, has recently announced the completion of a Series C financing with a total investment of US$220 million. The financing exercise is led by SoftBank Vision Fund 2*, followed by financial investors including but not limited to Chimera Investments under Abu Dhabi Royal Group, GL Ventures, Sequoia China and Linear Capital (in alphabetical order), and strategic investors including Xiaomi Group, Foxconn Industrial Internet ("FII"), and Midas. The proceedings from this financing exercise will be mainly used for the company's product development, mass production and global sales business expansion.

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Company Information

Company

Agile Robots

Location

China

About

Other investors in the Series C financing round included Xiaomi, Foxconn Technology Group, Abu Dhabi Royal Group, GL Ventures and Sequoia Group, Agile Robots said in a statement yesterday. Agile Robots, which specializes in developing smart robot software and hardware systems for industry, healthcare and other sectors, said it raised a total of over USD130 million last year, the highest total amount for an intelligent robotics firm in 2020.

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