SoftBank Eyes $300 Million in Agile Robots' $800 Million Round
Updated
Updated · Bloomberg · Jun 2
SoftBank Eyes $300 Million in Agile Robots' $800 Million Round
1 articles · Updated · Bloomberg · Jun 2
$300 million-plus is the amount SoftBank is discussing investing in German industrial robotics startup Agile Robots, according to people familiar with the matter.
The proposed backing would form part of an roughly $800 million fundraising that is still in early talks.
Agile Robots is drawing interest as investors hunt for companies applying artificial intelligence in real-world industrial settings.
SoftBank previously led a funding round in Agile Robots, positioning it as a returning backer if the new deal proceeds.