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

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

09/10/21, 3:54 AM
Industry
sales and marketing
software
hardware
Round Type
series c
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.

Company Info

Company
Agile Robots
Additional Info
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.