Humanoid developer Agility now expects to raise $465M in SPAC deal

Robotics Business Review
Share
Humanoid developer Agility now expects to raise $465M in SPAC deal
AI SUMMARY

Agility Robotics is reducing its expected fundraising from the Churchill Capital Corp XI SPAC merger to $465 million, down $155 million from previous projections. The humanoid robotics developer will use the capital to advance its commercial automation solutions for construction and logistics applications.

FROM THE ARTICLE

Agility said it expects to raise $465 million in its combination with Churchill Capital Corp XI, $155 million less than it had estimated. The post Humanoid developer Agility now expects to raise $465M in SPAC deal appeared first on The Robot Report .

This story was originally published by Robotics Business Review.

Read Full Story on Robotics Business Review