Agility Robotics Raises $8 Million for Commercial Bipedal Robots
Today, Agility Robotics is announcing US $8 million in Series A funding "to accelerate product, technology, and business development." Leading the round is Playground Global, founded by Android co-creator and ex-Google Robotics head Andy Rubin, and also joining in is Sony Innovation Fund. We don't write about funding rounds all that often, but this could be the first robotics company to get such a significant amount of VC funding to develop a realistic commercial bipedal robot. There are certainly other well-funded companies working on bipeds, including Boston Dynamics and Schaft. But while it's not that clear what commercial applications these companies are targeting, Agility Robotics is very specifically and deliberately working on a legged robot that can make deliveries.
Mar-22-2018, 19:40:30 GMT
- Country:
- North America > United States > Oregon > Linn County > Albany (0.05)
- Industry:
- Banking & Finance > Capital Markets (0.91)
- Information Technology (0.78)
- Technology:
- Information Technology > Artificial Intelligence > Robots > Locomotion (1.00)