German Robotics Start-Up Agile Robots Raises $500 Million at $8.5 Billion Valuation
Source The New York Times
At a glance
Agile Robots, a German company making AI-powered industrial robots, raised $500 million from investors including SoftBank and Nvidia. The funding values the company at $8.5 billion.
Key points
The money will go toward expanding in the United States, boosting production in Germany, and entering new markets.
The company is considering a future initial public offering (IPO, the first sale of shares to the public).
It is working with Google DeepMind and has raised $2 billion in total.
Its valuation is similar to those of European firms such as defense tech company Quantum Systems and British self-driving company Wayve.
Why it matters
It shows how companies combining AI and robots are helping factories become more productive, and how Europe is trying to close its AI gap with the United States and China.
Original article
Tech Giants Invest in German Robotics Start-Up at $8.5 Billion Valuation
The New York Times · Nov 12, 2026, 2:45 PM GMT+9 · nytimes.com
Read on The New York TimesAI read the original article and summarized it in plain language. It may contain mistakes, so please check the original for accuracy. The article's copyright belongs to The New York Times.