NVIDIA-backed Agility Robotics to list on Nasdaq, becoming the first U.S. publicly listed humanoid robotics company

TechFlow, November 5 — According to Bloomberg, NVIDIA-backed humanoid robotics startup Agility Robotics will list on Nasdaq on November 5 through a merger with special purpose acquisition company Churchill Capital Corp. XI, under the ticker AGLT, becoming the first publicly listed specialized humanoid robotics company in the U.S. The company is expected to hold approximately $465 million in cash before the merger, including a private investment of approximately $201 million led by Foxconn. NVIDIA, Amazon, and SoftBank Vision Fund 2 are also investors.

Agility Robotics is headquartered in Oregon, U.S., and currently has about 400 employees, primarily developing humanoid robots for commercial settings such as warehouses and factories. The company is expanding its partnership with GXO Logistics, planning to deploy robots in more facilities, and is working with AGCO on manufacturing pilot projects.

Source: TechFlow