Agility Robotics plans to go public via SPAC in a $2.5B deal (opens original article in a new tab)

Agility Robotics, a humanoid robotics startup, plans to go public through a SPAC merger with Churchill Capital Corp XI valued at $2.5 billion, generating over $620 million in proceeds to expand production and fulfill orders for its Digit robots.

• Agility Robotics plans to go public via SPAC merger with Churchill Capital Corp XI valued at $2.5B
• Deal generates $620M in proceeds including $200M from institutional investors
• Company will use funds to expand production of next-gen Digit v5 and fulfill orders