Munich's Agile Robots raises $500 million at an $8.5 billion valuation

German robot maker Agile Robots, a 2018 spin-off of the German Aerospace Center, has closed a $500 million round led by SoftBank, with Nvidia and Hitachi also taking part, bringing its total funding to about $2 billion. The money will go to international expansion including the US, new industrial uses and more production in Bavaria, where its new plant can build up to 10,000 humanoids a year.

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