Agility Robotics raises $400M, plans expansion for humanoid Digit

Agility Robotics, known for its humanoid robot Digit, has successfully raised $400 million in new funding, which values the company at $1.75 billion. This funding round, led by WP Global Partners with participation from SoftBank, highlights the increasing investor interest in humanoid robotics amid advancements in AI. Digit is designed for real-world applications, such as operating in warehouses, where it has been tested by major companies like Amazon and SPANX. Recent upgrades to Digit include enhanced battery life, expanded safety features, and improved manipulation capabilities, reinforcing Agility's commitment to safe, cooperative environments between robots and human workers. The surge in funding comes as the robotics industry is experiencing a boom, with many companies recognizing the potential of humanoid robots to address labor shortages and improve operational efficiency. Agility's progress and the competitive landscape suggest a pivotal moment for the adoption of humanoid robots across various sectors.