Agility Robotics Targets $2.5 Billion Valuation in SPAC Merger

The transaction is set to generate over $620 million in proceeds, bolstered by a $200 million infusion from a mix of new and existing institutional backers. Agility’s flagship robot, Digit, currently operates across nine customer sites, including installations for Mercado Libre, GXO, and Toyota Motor Manufacturing Canada. With a roster of investors that includes Amazon, Nvidia, and SoftBank Vision Fund 2, the company intends to scale production for its next-generation Digit v5 model.

CEO Peggy Johnson described the rollout as a pivotal step for labor-strapped enterprises looking to integrate AI-powered automation. The firm reports a backlog exceeding $300 million in multi-year orders, alongside a pipeline of 30 additional clients weighing large-scale deployments. Once the deal closes, the combined entity will trade under the ticker AGLT on a North American exchange.