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Agile Robots is growing its worldwide market presence. It has finished the strategic layout in numerous locations, particularly for the Chinese market.
FREMONT, CA: Agile Robots, a pioneering intelligent robotics firm, has closed a Series C funding of $220 million. SoftBank Vision Fund 2* led the financing round, with 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 also participating. The proceeds of this funding will be utilized primarily for product development, mass production, and worldwide sales and expansion for the company.
According to reports, Agile Robots raised a total funding amount of more than US 130 million dollars in 2020, making it the business with the largest total financing amount in the intelligent robotics sector in 2020. Agile Robots is presently the sole unicorn in the intelligent robotics area, with a global valuation of more than 1 billion dollars. With the completion of this fundraising round, Agile Robots becomes the first intelligent robotics business in China to receive investment from SoftBank Vision Fund 2.
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Agile Robots is growing its worldwide market share. It has finished the strategic layout in numerous locations, particularly for the Chinese market. Furthermore, the firm has entered into an extensive strategic collaboration with a Chinese orthopedic surgery robot listed company, a top neurosurgery robot company, numerous Chinese top-tier general and specialized hospitals, and several other world-class companies. Agile Robots intends to maintain significant sales growth after the conclusion of its product commercialization.
Dr. Zhaopeng Chen, the founder of Agile Robots, said: "With the unique technology by combining robotic OS and the world's leading sensitive robots, Agile Robots is seeking for fundamental breakthrough in robotic area and realistically applying the next generation of robots into intelligent precision assembly area and medical treatment, which can only be accomplished by human beings right now. With the supports from our reputable investors and customers, we are confident to push the robotics into new era with all our partners."
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