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Biped robot maker Agility raises $20m in funding

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Agility Robotics announced it raised $20 million in funding, in a round led by Silicon Valley venture capital firms DCVC and Playground, as two-legged robots start walking out of the lab and into the workplace.

Agility’s biped robot, Digit, is already in testing at Ford Motor Co..

Economic downturns typically bring new investment in automation. A recent survey of 800 executives by consulting firm McKinsey found nearly 70% of companies accelerated the adoption of automation and artificial intelligence amid the pandemic.

Agility focuses on logistics, where Shelton said Digit can work alongside humans loading packages into vans and lugging packages to doorsteps.

Agility expects to produce 20 robots this year and double that every year going forward. Jonathan Hurst, the company’s chief technology officer, said Digit sells for $250,000 but expects the price to drop as volumes grow.

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