German robotics startup Agile Robots is reportedly in early discussions to raise about $800 million in a new funding round, with SoftBank Group among the potential backers, according to Bloomberg. Multiple accounts say investors are looking for companies applying artificial intelligence in real-world industrial and robotics contexts. Agile Robots is based in Munich and builds a range of robotic systems, including robot arms, warehouse machines, and humanoid robots. The reported round size is around $800 million (about €700 million), and Bloomberg’s reporting indicates SoftBank would be expected to contribute more than $300 million, citing people familiar with the talks. Details such as the final investors, valuation, and structure of the financing are not specified in the available reports, and discussions are described as early. The reporting characterizes the potential investment as part of SoftBank’s continued interest in robotics and AI-oriented companies. No agreement or timeline is confirmed in the referenced coverage.
SoftBank in early talks to help fund Agile Robots’ roughly $800 million round
German robotics startup Agile Robots is reportedly in early discussions to raise about $800 million in a new funding round, with SoftBank Group among the potential backers, according to Bloomberg. Mul...
- Agile Robots, a Munich-based industrial robotics startup, is in early talks to raise about $800 million.
- SoftBank Group is reported to be among the potential investors in the round.
- Bloomberg reports SoftBank’s contribution would be more than $300 million, though the talks are not final.
- Agile Robots builds robot arms, warehouse machines, and humanoid robots.
- The funding interest is linked to demand for companies applying AI in real-world settings.
SoftBank, it seems, is not done buying robots. The Japanese group is in early talks to back a new funding round of around $800m (€700m) for Agile Robots, the Munich startup that builds robot arms, warehouse machines, and humanoids, according to Bloomberg. SoftBank would contribute more than $300m of that total, people familiar with the […] This story continues at The Next Web
2 months agoGerman industrial robotics startup Agile Robots is in discussions to raise about $800 million in new funding from backers including SoftBank Group Corp., as investors seek out companies deploying artificial intelligence in real-world settings.
2 months ago
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