Despite a general slowdown in investments in robotic systems, Agility has secured substantial funding, including a $150 million Series B two years ago, with Amazon participating via its Industrial Innovation Fund. The company has also made several high-profile hires over the past year and currently has five open roles, primarily in engineering and manufacturing.
Key takeaways:
- Agility Robotics has confirmed the layoff of a small number of employees as part of its focus on commercialization efforts and core product development.
- The company is ramping up production of its bipedal robot, Digit, to meet high demand across industrial use cases, and is adding new roles to meet these goals.
- Despite a general slowdown in investments in robotic systems, Agility has received substantial funding, including a $150 million Series B two years ago, with Amazon participating in the round.
- Agility has made several high-profile hires over the past year, including former Magic Leap CEO Peggy Johnson as chief executive, Fetch CEO Melonee Wise as CTO, and former Apple and Ford executive Aindrea Campbell as COO.