Agility Robotics, maker of the Digit bipedal humanoid robot, is going public via a SPAC merger with Churchill Capital Corp XI in a deal valuing the company at approximately $2.5 billion. The transaction is expected to generate over $620 million in proceeds, including $200 million from institutional investors. Backed by Amazon, Nvidia, and SoftBank Vision Fund 2, Agility currently operates Digit robots across nine customer sites including Toyota and GXO. The company plans to use the capital to scale production of its next-generation Digit v5, fulfill over $300 million in multi-year orders, and expand its customer base of 30+ potential large-scale deployment prospects.
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