Startup Trends: 4 emerging robotics startups and their innovations
Dozens of companies are developing robotics technologies to automate the way routine practices from cooking fast food to driving trucks are done.
agilityrobotics.comIndustrial / RoboticsFounded: 2015Funding to Date: $358.14MM
Agility Robotics is a robotics company that offers bipedal robots to businesses in logistics, manufacturing, and retail sectors. Their robot, Digit, is designed to navigate complex environments and perform tasks like package handling, aiming to enhance automation capabilities. Agility Robotics strives to create versatile robots that can work alongside humans to improve efficiency and safety in various industries. The company was founded by Damion Shelton and Jonathan Hurst Ph.D in 2015 and is headquartered in Tangent, OR.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/22/2022 | Series B | $150MM | $xx.xx | $606.93MM | DCVC, Playground Global, Amazon | |
Price per Share
$xx.xx
Shares Outstanding
4,393,230
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
DCVC, Playground Global, Amazon
|
||||||
10/15/2020 | Series A-4 | $20.25MM | $xx.xx | $57.53MM | DCVC, Playground Global, TDK Ventures, MFV Partners, Industrial Technology Investment Corporation, Sony, Safar Partners | |
Price per Share
$xx.xx
Shares Outstanding
4,394,523
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
DCVC, Playground Global, TDK Ventures, MFV Partners, Industrial Technology Investment Corporation, Sony, Safar Partners
|
||||||
03/22/2018 | Series A-3 | $110,124 | $xx.xx | $25.92MM | Playground Global, Sony, Robotics Hub | |
Price per Share
$xx.xx
Shares Outstanding
80,383
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Playground Global, Sony, Robotics Hub
|
||||||
03/22/2018 | Series A-2 | $197,656 | $xx.xx | $25.92MM | Playground Global, Sony, Robotics Hub | |
Price per Share
$xx.xx
Shares Outstanding
80,023
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Playground Global, Sony, Robotics Hub
|
||||||
03/22/2018 | Series A-1 | $513,095 | $xx.xx | $25.92MM | Playground Global, Sony, Robotics Hub | |
Price per Share
$xx.xx
Shares Outstanding
404,012
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Playground Global, Sony, Robotics Hub
|
||||||
03/22/2018 | Series A | $8MM | $xx.xx | $25.92MM | Playground Global, Sony, Robotics Hub | |
Price per Share
$xx.xx
Shares Outstanding
1,908,075
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Playground Global, Sony, Robotics Hub
|
Dozens of companies are developing robotics technologies to automate the way routine practices from cooking fast food to driving trucks are done.
In October, Agility Robotics, which makes a two-legged robot called Digit, announced that e-commerce giant Amazon would begin testing the robot at its research and development facility near Seattle. The robot, according to Agility Robotics, is the first “human-centric” robot that is being used in warehouses to lift and move boxes and perform other physical tasks.