Agility Robotics, a humanoid robot company backed by Nvidia, Amazon, and SoftBank, has announced plans to go public through a SPAC merger that values the company at $2.5 billion.
The deal will create the only publicly listed U.S. company focused exclusively on humanoid robots with active commercial deployments. Its flagship robot, Digit, is already working in manufacturing and logistics facilities for companies including Schaeffler, GXO, Toyota Motor Manufacturing Canada, and Mercado Libre.
Agility says it has secured more than $300 million in multi-year orders for its next-generation Digit v5 robot, which is designed to safely work alongside humans using AI. The company has logged over 65,000 hours of real-world operations across customer sites.
The transaction is expected to raise more than $620 million, including a $200 million PIPE investment from existing and new institutional investors. The funds will be used to expand production, fulfill customer orders, grow commercial deployments, and continue developing Agility's AI-powered robotics platform.
Once the deal closes, the combined company will trade under the ticker AGLT.