Sunday, July 3, 2022
Sunday, July 3, 2022
Home FundingVenture Capital Agility robotics raises $150M in series B funding from Amazon innovation Fund

Agility robotics raises $150M in series B funding from Amazon innovation Fund

by Val Lukhanyu
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Agility Robotics has raised $150 million in series B funding from Amazon and other backers. Agility is among the five initial startups that were set to benefit from Amazon’s $1 billion innovation fund.

The round brings Agility’s funding to $180 million to date, this includes a $20.25 million Series A and an $8 million seed two years prior.

Agility Robotics was founded in 2015 and has since become a solid brand. The company began shipping its “Digit” robot to customers in 2018. and has continued to impress its nvestors along the way, including names like the Sony Innovation Fund. Ford also famously announced plans to utilize Digit as part of a last-mile delivery strategy, though Agility’s more recent focus has shifted to unpacking trucks and moving boxes around warehouses — a need that has only accelerated during the pandemic.

The funding will help agility expand its offers in Orgob and silicon valley to meet the growing demands for robots to support people in the workplace. Logistics have become and important part of Agilities growth strategy.

“Unprecedented consumer and corporate demand have created an extraordinary need for robots to support people in the workplace,” says CEO Damion Shelton. “With this investment, Agility can ramp up the delivery of robots to fill roles where there’s an unmet need.”

Agility is set to develop and shipping robots that are built to co-exist seamlessly in our lives,” Playgound’s Bruce Leak said in a release. “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.

The $150 M raise will go towards the expansion fo its operations. In addition to its Oregon and Bay Area offices, Agilty has opened operations in Pittsburgh where the company’s CEO Damian Shelton. It also has plans to draw on CMU and the city’s history in robotics and autonomy and further douebl its headcount by 2024.

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