Agile Robots announced Series C financing with a total investment of $220 million from investors led by Softbank.

Agile Robots, a Munich, Germany and Beijing China-based developer of professional robotic solutions, announced raising $220 million in series C funding round.

The financing exercise is led by Softbank via the SoftBank Vision Fund 2, followed by financial investors including Chimera Investments under Abu Dhabi Royal Group, GL Ventures, Sequoia China and Linear Capital, as well as by strategic investors including Xiaomi Group, Foxconn Industrial Internet ("FII"), and Midas.

The proceedings from this financing exercise will be mainly used for the company's product development, mass production and global sales business expansion.

Agile Robots, founded in 2018 by Peter Meusel and Zhaopeng Chen, does design of intelligent robots mostly used in healthcare and manufacturing. The company developed and launched software and hardware products such as its operating system AgileCore for the coordination of robots and accessories such as end effectors from different manufactures, its smart force-controlled robot DIANA, its medical robots, humanoid dexterous five-finger hands, and its flexible intelligent platform (FIP).

Agile Robots previously raised $130 million in 2020.