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German-Chinese startup Agile Robots raises $220 million from investors

September 10, 2021
Source: fntalk.com fntalk.com
News Snapshot:
BERLIN (Reuters) – German-Chinese startup Agile Robots said on Thursday that it had raised $220 million from investors led by the SoftBank Vision Fund 2 and would invest the proceeds in expanding its production and sales operations. The investment round valued Agile Robots, which has dual headquarters in Munich and Beijing, at more than $1 billion – adding it to the growing ranks of technology startups with so-called “unicorn” status. Founded in 2018, Agile Robots provides both software and hardware – including a five-fingered robot than can serve as a ‘smart assistant’ in settings such as assembling smartphones or providing...
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