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

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

Digit 5 includes redesigned legs and new batteries for commercial use. Source: Agility Robotics

Humanoid robotics developers continue to raise millions of dollars. Agility Robotics Inc. and Churchill Capital Corp XI today said that they expect Agility to raise about $465 million in its proposed merger with the special-purpose acquisition company, or SPAC.

That total is less than the $620 million that Agility predicted at a $2.5 billion valuation when it first announced the planned business combination in June. The Robot Report has reached out to the company for comment and will add it if we get a response.

“Agility is expected to enter the public markets well capitalized to execute its planned investments in commercial expansion and support growing customer demand,” stated the Salem, Ore.-based company.

Agility expects to close the SPAC transaction, subject to shareholder approval and the customary closing conditions, on Nov. 4. The company has claimed that it will be the first U.S. publicly traded, pure-play humanoid supplier with commercial deployments.

Last month, Agility unveiled its Digit 5 humanoid, which had new legs (and possibly wheels) and is designed to work safely alongside people and support a range of workflows. Last week, Jonathan Hurst, co-founder and chief robot officer, and Pras Velagapudi, chief technology officer at the company, spoke about humanoid advances at RoboBusiness 2026.

Agility this month also chose Nyobolt for fast recharging, which it said will enable its robots to operate for more than 20 hours a day.

” Agility also said it has more than $300 million in committed multi-year orders for Digit 5.


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