• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Home
  • Subscribe
  • Your Membership
    • Edit Your Profile
  • Services
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsored posts
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Shop
    • My Account
    • Cart
  • About
    • Contact
    • Privacy
    • Terms of use
  • Events

Robotics & Automation News

Market trends and business perspectives

  • News
  • Features
  • Video
  • Webinars
  • White papers
  • Press releases
  • Featured companies
    • BlueBotics
    • SICK Sensor Intelligence
    • Vicor Power

Agility Robotics raises $150 million in latest funding round

April 22, 2022 by David Edwards Leave a Comment

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.

The Amazon Industrial Innovation Fund also joined as an investor to help spur innovation in the logistics industry.

Agility’s robots provide unique value to businesses by augmenting the human workforce’s productivity, efficiency, and wellness. This capital raise will accelerate Agility’s R&D and scale its robot production.

Damion Shelton, CEO of Agility Robotics, says: “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.”

Bruce Leak, general partner, Playground Global, says: “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.”

Agility’s approach is unique, marrying expertise across design, software, and hardware to power robots that can manage practically limitless tasks as part of a blended workforce.

Despite the conventional wisdom that many industry problems have been addressed by automation, most robotics technologies today are purpose-built for single tasks, making them inflexible, expensive, and quickly obsolete.

As described by Agility Robotics CTO Dr Jonathan Hurst in a recent blog post, Agility’s robots are – by contrast – built to be versatile, cost-effective, and durable helpers to people.

Matt Ocko, co-managing partner, DCVC, says: “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.”

This capital raise will accelerate the delivery of the next generation of Agility’s robots, extending the company’s track record of execution that began with its first customer shipments in 2018.

Agility’s most advanced robot will be deployed at customers’ sites later this year.

As has been its practice since the company’s founding, these deployments allow Agility to iterate with real-time customer feedback and gain insights into operating environments, discover new uses for its robots, and refine their capabilities.

Interested enterprise customers who want to explore early access to the next generation of Agility’s robots can reach out to sales@agilityrobotics.com to prequalify.

Katherine Chen, head of Amazon Industrial Innovation Fund, says: “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.”

Agility’s Series B round includes participation from previous investors MFV Partners, ITIC, Robotics Hub, Safar Partners, Sony Innovation Fund, and TDK Ventures.

The fresh capital will allow Agility to continue expanding its operations and hiring in the US.

The company has opened a new office in Pittsburgh, PA in addition to expanding its primary Oregon facilities and Palo Alto operations.

Agility plans to double its headcount by 2024 and is actively recruiting top robotics talent spanning software and hardware.

Print Friendly, PDF & Email

Share this:

  • Print
  • Facebook
  • LinkedIn
  • Reddit
  • Twitter
  • Tumblr
  • Pinterest
  • Skype
  • WhatsApp
  • Telegram
  • Pocket

You might also like…

Filed Under: News, Service robots Tagged With: agility, innovation, robotics, robots

Join the Robotics & Automation News community

Reader Interactions

You must log in to post a comment.

Primary Sidebar

Latest articles

  • How robots and RPA will change the business of the future
  • The Pros and Cons of Selling vs Trading in Your Vehicle
  • How to Ensure Your Drivers Stay Safe on the Road
  • Reasons Why You Need to Buy a Rotary Fill and Seal Coffee Packaging Machine
  • Fulfyld selects inVia Robotics to automate warehouses
  • DB Schenker to operate zero-emission autonomous ship for Ekornes
  • Southie Autonomy secures $2.5 million seed funding and $5 million in robot lease financing
  • Daimler Truck makes strategic investment in Apex.AI
  • Berkshire Grey launches new mobile robotic platform
  • Clearpath Robotics launches latest version of TurtleBot

Most Read

  • Top 20 electric vehicle charging station companies
    Top 20 electric vehicle charging station companies
  • Difference Between Three-Phase and Single-Phase Power
    Difference Between Three-Phase and Single-Phase Power
  • Track your lost Android
    Track your lost Android
  • Top 20 programmable logic controller manufacturers
    Top 20 programmable logic controller manufacturers
  • Top 25 vertical farming companies
    Top 25 vertical farming companies
  • The Best Mechanical Engineering Design Software in 2022
    The Best Mechanical Engineering Design Software in 2022
  • Wood that’s twice as expensive as gold? Really?
    Wood that’s twice as expensive as gold? Really?
  • Top 10 graphics processing unit manufacturers: Nvidia clearly in the lead
    Top 10 graphics processing unit manufacturers: Nvidia clearly in the lead
  • Industrial robot costs to drop by half in the next three years
    Industrial robot costs to drop by half in the next three years
  • How to become a G-Code master with a complete list of G-Codes
    How to become a G-Code master with a complete list of G-Codes

Overused words

abb ai applications automated automation automotive autonomous business china companies company control customers data design development digital electric global industrial industry logistics machine manufacturing market mobile platform process production robot robotic robotics robots safety software solution solutions system systems technologies technology time vehicle vehicles warehouse

Secondary Sidebar

Latest news

  • How robots and RPA will change the business of the future
  • The Pros and Cons of Selling vs Trading in Your Vehicle
  • How to Ensure Your Drivers Stay Safe on the Road
  • Reasons Why You Need to Buy a Rotary Fill and Seal Coffee Packaging Machine
  • Fulfyld selects inVia Robotics to automate warehouses
  • DB Schenker to operate zero-emission autonomous ship for Ekornes
  • Southie Autonomy secures $2.5 million seed funding and $5 million in robot lease financing
  • Daimler Truck makes strategic investment in Apex.AI
  • Berkshire Grey launches new mobile robotic platform
  • Clearpath Robotics launches latest version of TurtleBot

Footer

We are…

Robotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.

Please consider supporting us by becoming a paying subscriber, or through advertising and sponsorships, or by purchasing products and services through our shop – or a combination of all of the above.

Thank you.

Independent

Archivists

April 2022
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
« Mar   May »

Complex

Old-skool

This website and its associated magazine, and weekly newsletter, are all produced by a small team of experienced journalists and media professionals.

If you have any suggestions or comments, feel free to contact us at any of the email addresses on our contact page.

We’d be happy to hear from you, and will always reply as soon as possible.

Future-facing

Free, fair and legal

We support the principles of net neutrality and equal opportunities.

Member of The Internet Defense League

Copyright © 2022 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT