Agility Robotics raises $150 million
Agility Robotics, a creator and manufacturer of robots designed to work alongside people in logistics and warehouse environments, has raised $150 million led by DCVC and Playground Global. Additional investor include The Amazon Industrial Innovation Fund, MFV Partners, ITIC, Robotics Hub, Safar Partners, Sony Innovation Fund, and TDK Ventures.
Headquartered in Corvallis, Oregon, Agility claims that its robots are capable of doing “limitless tasks” as part of a blended human-robot workforce. The startup’s most advanced robot will be deployed at customers’ sites later this year.
“Unprecedented consumer and corporate demand have created an extraordinary need for robots to support people in the workplace. With this investment, Agility can ramp up the delivery of robots to fill roles where there’s an unmet need.” – Damion Shelton, CEO of Agility Robotics.
“Agility is set to make a powerful impact, developing and shipping robots that are built to co-exist seamlessly in our lives. Since Agility’s earliest days, we’ve believed their unique technical approach stands alone in being able to deliver on the promise of practical everyday robots.” – Bruce Leak, general partner, Playground Global.
“We’re deepening our investment in Agility Robotics because their robots solve the labor shortages plaguing businesses and wreaking havoc on supply chains. Agility’s robots are designed to free people from repetitive or unpleasant tasks, allowing them to take on the more fulfilling work they can do better than any robot.” – Matt Ocko, co-managing partner, DCVC.
“The purpose of the Amazon Industrial Innovation Fund is to support emerging technologies through direct investments, designed to spur invention and solve for the world’s toughest problems across customer fulfillment operations, logistics, and supply chain solutions. Agility’s approach to designing robotics for a blended workforce is truly unique and can have a significant ripple effect for a wide range of industries, and we hope others follow suit to accelerate innovation in this way.” – Katherine Chen, head of Amazon Industrial Innovation Fund.