Agile Robots completes 220 million USD Series C funding
Agile Robots, a leading intelligent robotics company in Beijing, has recently announced the completion of a Series C financing with a total investment of US$220 million. The financing exercise is led by SoftBank Vision Fund 2, followed by financial investors including but not limited to Chimera Investments under Abu Dhabi Royal Group, GL Ventures, Sequoia China […]
SoftBank suspends production of chatty robot
Japan’s SoftBank has suspended production of its humanoid robot Pepper, seven years after the conglomerate unveiled the signature chatty white android to much fanfare. Pepper robots, used to greet people in stores and hotels in Japan and around the world, have become a symbol of SoftBank’s strategy of pouring resources into new technology including artificial […]
