Agility Robotics plans to raise $465M via SPAC merger
The Robot Report: Humanoid developer Agility now expects to raise $465M in SPAC deal
Digit 5 includes redesigned legs and new batteries for commercial use. Source: Agility Robotics Humanoid robotics developers continue to raise millions of dollars. Agility Robotics Inc. and Churchill Capital Corp XI today said that they expect Agility to raise about $465 million in its proposed merger with the special-purpose acquisition company, or SPAC. According to Agility, the gross capital raise includes: About $164 million from Churchill XI’s trust account Approximately $201 million from
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Agility Robotics is merging with a special-purpose acquisition company, or SPAC, to raise approximately $465 million and become a publicly traded humanoid robot supplier. The funding comes from multiple sources including the SPAC's trust account, private investors led by Foxconn, and equity already received, though this total is lower than the $620 million initially projected. The company plans to begin customer deliveries in the first half of 2027 and has over $300 million in committed orders for its Digit humanoid robot, which is being deployed by customers including Toyota, Mercado Libre, and Schaeffler across nine sites.
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