Agility goes public with $465m infusion, bets on Digit 5
agility raises $465m to deploy digit 5 robots, targeting $100k annual savings for companies.
agility, a humanoid robot company founded in 2015, is going public through a reverse-merger, raising $465m in new capital. the company's digit robots are used in industrial settings, including with customers like schaeffler and toyota motor manufacturing canada. agility has $300m in planned contracts for its new digit 5 robot, which can safely operate around humans and is expected to be widely available by the end of 2027. the company aims to save companies $100k a year with its robot-as-a-service model, but faces questions about its ability to find new customers and improve the robot's capabilities.