Agility Robotics Funding, Investors & Competitors

Agility Robotics has raised $179M across 4 funding rounds, most recently a $150M Series B in April 2022.

Last Agility Robotics funding round

$150M

Series B · Apr 2022

Cumulative funding Agility Robotics raised

$179M

across 4 funding rounds

Key investors in Agility Robotics

  • Sony Innovation Fund
  • Playground Global
  • The Robotics Hub
  • DCVC
  • Safar Partners
  • ITIC: Industrial Technology Investment Corporation
  • MFV Partners
  • Amazon

Agility Robotics Overview

About Agility Robotics

Agility Robotics is a Corvallis-headquartered developer of humanoid robots including the Digit bipedal platform for warehouse automation and logistics tasks. The company leverages legged locomotion technology from Oregon State University's ATRIAS research for navigating uneven floors and handling totes. Deployments target e-commerce fulfillment centers with pilots alongside Amazon and GXO Logistics.


Founded

2015

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Agility Robotics Funding History

Agility Robotics has raised a total of $179M across 4 funding rounds.

Agility Robotics' first fundraising round was a $800K seed round in October 2016. The most recent completed round was a $150M Series B in April 2022.

Agility Robotics funding rounds

Agility Robotics funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2022Series BDCVC (lead); Playground Global (lead); The Robotics Hub; Amazon; Safar Partners; ITIC: Industrial Technology Investment Corporation; K2 Global; MFV Partners; TDK; Sony Innovation Fund$150MAgility Robotics, an Oregon-based company founded in 2015 as an Oregon State University spinoff, develops bipedal humanoid robots like Digit designed to work alongside humans in logistics and warehouse environments, handling tasks such as moving packages and unloading tractor trailers. The robots can navigate unstructured terrain, walk in multiple directions, and crouch, augmenting workforce productivity amid labor shortages. By 2022, Agility had shipped its earlier Cassie robot to customers since 2018 and planned deployments of the advanced Digit later that year, with real-time customer feedback for iteration. On April 22, 2022, Agility Robotics raised a $150 million Series B round led by DCVC and Playground Global, with participation from Amazon Industrial Innovation Fund, MFV Partners, ITIC (Industrial Technology Investment Corporation), The Robotics Hub, Safar Partners, Sony Innovation Fund, and TDK Ventures. This brought total funding to approximately $180 million, including prior rounds like a $20.25 million Series A and $8 million seed. The funds aimed to accelerate R&D, scale robot production and delivery, expand operations with new offices in Pittsburgh, and double headcount from around 85 employees by 2024. Amazon's involvement aligned with its warehouse robotics needs and $1 billion innovation fund. CEO Damion Shelton highlighted addressing unmet workplace needs amid high demand, while investors like DCVC's Matt Ocko emphasized solving labor shortages and supply chain issues. Agility focused on commercializing Digit for blended human-robot workforces, with capabilities to free humans from repetitive tasks. Later developments included a 2025 Series C-3 raising $400 million at $2.12 billion pre-money valuation and discussions of a potential SoftBank acquisition at around $900 million, but these postdate the 2022 round.
Oct 2020Series BDCVC (lead); Playground Global (lead); TDK Ventures; Safar Partners; ITIC: Industrial Technology Investment Corporation; MFV Partners; Sony Innovation Fund$20MAgility Robotics, founded in 2015 in Corvallis, Oregon, develops bipedal humanoid robots like Digit designed for logistics, warehouses, and last-mile delivery, capable of navigating stairs, hallways, and uneven surfaces to automate repetitive, physically demanding, or dangerous tasks alongside humans. The company announced a $20 million funding round on October 15, 2020, co-led by DCVC and Playground Global, with participation from TDK Ventures, MFV Partners, Industrial Technology Investment Corporation (ITIC), Sony Innovation Fund, and Safar Partners. DCVC's Matt Ocko joined the board. This brought total funding to $29 million since inception, following prior rounds including $100,000 in 2016 from Willamette Angels and $8 million Series A in 2018 led by Playground Global. The proceeds were earmarked to scale Digit's distribution and meet demand from logistics providers and e-commerce retailers, leveraging TDK's expertise in sensors, batteries, and power management. Digit requires human training for unfamiliar environments but targets manual labor in human-centric spaces not built for automation. CEO Damon Shelton highlighted the societal need for such robots to address labor shortages and improve quality of life. Later rounds included a $150 million Series B in April 2022 led by the same co-leads with Amazon Industrial Innovation Fund, and a $400 million Series C in 2025 at $2.12 billion pre-money valuation, with total funding reaching approximately $641 million by 2025. Agility operates a hybrid model of direct robot sales (around $150,000 per unit) and robotics-as-a-service for recurring revenue.
Mar 2018Series APlayground Global (lead); The Robotics Hub; Coal Hill Ventures; Sony Innovation Fund$8MAgility Robotics, founded in 2015 as a spinoff from Oregon State University, designs and builds walking and running robots for advanced mobility in human environments, starting with the bipedal robot ATRIAS and later Cassie. The company commercializes research from the Dynamic Robotics Laboratory on bipedal locomotion to achieve animal-like dynamics and capabilities. In early 2018, Agility closed an $8 million Series A funding round led by Playground Global, with participation from Sony Innovation Fund and The Robotics Hub. Bruce Leak from Playground Global joined the board. The round brought total funding to $8.792 million and aimed to accelerate product, technology, and business development following ONAMI Gap funding in 2017.
Oct 2016SeedThe Robotics Hub (lead)$800K-

Who has invested in Agility Robotics?

12 investors have backed Agility Robotics across its funding rounds, including Sony Innovation Fund, Playground Global, The Robotics Hub, DCVC, Safar Partners and ITIC: Industrial Technology Investment Corporation.

Lead investors include DCVC, Playground Global and The Robotics Hub.


Agility Robotics Investors

Investors in Agility Robotics by funding rounds participated
InvestorHQRoundsRoleFirst check
The Robotics HubUnited StatesPittsburgh, PA3LeadOct 2016
Playground GlobalUnited StatesPalo Alto, CA3LeadMar 2018
Sony Innovation FundJapanTokyo3ParticipantMar 2018
Safar PartnersUnited StatesUnited States2ParticipantOct 2020
ITIC: Industrial Technology Investment CorporationTaiwanTaiwan2ParticipantOct 2020
DCVCUnited StatesSan Francisco, CA2LeadOct 2020
MFV PartnersUnited StatesSan Francisco, CA2ParticipantOct 2020
AmazonUnited StatesSeattle, WA1ParticipantApr 2022
TDK VenturesUnited StatesSan Jose, CA1ParticipantOct 2020
Coal Hill VenturesUnited StatesPittsburgh, PA1ParticipantMar 2018

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Agility Robotics Competitors

Agility Robotics competitors include listed companies like Thales and L3Harris, and private ones like Shield AI, Saronic, Quantum Systems and Mach Industries.

Public and private companies comparable to Agility Robotics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Shield AIUnited StatesSan Diego, CAPrivate$300M-$29B96.0x
SaronicUnited StatesAustin, TXPrivate--$9.3B-
Quantum SystemsGermanyGilchingPrivate$330M-$8B24.2x
Mach IndustriesUnited StatesLos Angeles, CAPrivate--$3.7B-
ThalesFranceFrancePublicly listed$25B$3.7B$51B2.0x
L3HarrisUnited StatesUnited StatesPublicly listed$22B$3.8B$48B2.5x

Agility Robotics Public Comps

Agility Robotics is still privately-owned, but its public comps include Tesla, Palantir, GE Aerospace, RTX, Airbus, Rolls-Royce, Boeing, Lockheed Martin, Stryker and General Dynamics.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B14.6x13.1x137.6x93.2x
Palantir$4.5B$1.5B84.1x47.6x258.7x77.6x
GE Aerospace$46B$11B7.5x7.0x31.1x29.0x
RTX$89B$15B3.2x3.0x19.3x18.3x
Airbus$82B$11B2.1x1.9x16.1x14.4x
Rolls-Royce$28B$11B4.8x4.4x12.9x18.6x
Boeing$89B$7.4B1.8x1.7x22.1x42.5x
Lockheed Martin$75B$8.7B1.9x1.8x16.7x13.2x

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Common questions about Agility Robotics

When was Agility Robotics founded?Agility Robotics was founded in 2015.
Where is Agility Robotics headquartered?Agility Robotics is headquartered in San Francisco, CA, United States.
Is Agility Robotics publicly listed?No, Agility Robotics is a private, VC-backed company.
How much funding has Agility Robotics raised?Agility Robotics has raised $179M across 4 funding rounds.
What was Agility Robotics' last funding round?Agility Robotics' last funding round was a $150M Series B in April 2022, led by DCVC and Playground Global.
Who are Agility Robotics' investors?Agility Robotics' investors include The Robotics Hub, Playground Global, Sony Innovation Fund, Safar Partners, ITIC: Industrial Technology Investment Corporation, DCVC, MFV Partners, Amazon, TDK Ventures, Coal Hill Ventures and 2 others.
Which companies are comparable to Agility Robotics?Companies comparable to Agility Robotics include Shield AI, Saronic, Quantum Systems, Mach Industries, Thales and L3Harris.

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