TDK Ventures, Itic and Amazon’s newly minted Industrial Innovation Fund all contributed to warehouse robot developer Agility's series B round.
US-based warehouse robotics developer Agility Robotics received $150m in series B financing on Friday from investors including e-commerce firm Amazon’s Industrial Innovation Fund, insurance provider Itic and electronics manufacturer TDK.
Venture capital firms DCVC and Playground Global co-led the round, which also featured MFV Partners, Robotics Hub and Safar Partners, while TDK participated through corporate venturing subsidiary TDK Ventures.
Agility has created tactile robots structured similarly to humans that use its proprietary artificial intelligence software and which are designed to…