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FII invests US$30 million in German startup Agile Robots

Summary by Ground News
Foxconn Industrial Internet (FII) invested US$30 million in Agile Robots AG, a Munich- and Beijing-based automation startup. Follow-up investment after the US$4.5 million made last year reflects FII's ambition in expanding its positions in the hi-precision smart application technologies.

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FII invests US$30 million in German startup Agile Robots

Foxconn Industrial Internet (FII) announced on April 18 it has invested US$30 million in Agile Robots AG, a Munich- and Beijing-based automation startup. This is its second strategic investment in Agile Robots. This follow-up investment after the US$4.5 million made last year reflects FII's ambition in expanding its positions in the hi-precision smart application technologies in search of new growth opportunities.

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digitimes.com broke the news on Tuesday, April 19, 2022.
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