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Agile Robots Receives $30M Funding From Foxconn Industrial Internet

Agile Robots, has announced that it has raised $30M (approximately €27.94M) in funding from China’s Foxconn Industrial Internet (FII). This is FII’s second strategic investment in Agile Robots. Prior to this, the company raised $220M in its Series C round of funding led by SoftBank Vision Fund 2.

FII state that it is committed to providing enterprises with solutions of technology services based on automation, networking and big data. The company claims to be leading the transformation from traditional manufacturing to intelligent manufacturing, a new ecology of ‘advanced manufacturing + industrial Internet’ with big data, AI, high-speed networks and robots as technology platforms.

Agile Robots’ CEO Zhaopeng Chen, says, “We are proud to have again gained the trust of a strong investor like Foxconn Industrial Internet. We are looking forward to building upon this fruitful collaboration in the future.”

Connecting Artificial Intelligence and The Physical World

Agile Robots, founded in 2018, claims to bridge the gap between artificial intelligence and the real world. The company is a spin-off of the German Aerospace Center and is developing the next generation of intelligent robots. With its headquarters in Munich, Germany, and Beijing, China, Agile Robots leads hardware know-how in robotics. With the German Aerospace Centre (DLR) as its technical backbone and the core concept of ‘artificial intelligence empowerment’, the company is committed to promoting the close combination and innovation of AI and robotics, and expanding the application of robotics in more fields.

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