First US humanoid pure-play IPO readies, Germany’s NEURA raises $1.4B and Beijing wires rare earths into the robot chain
Agility Robotics announced a $2.5 billion business combination with Churchill Capital Corp XI on June 24th, raising more than $620 million in gross proceeds ($420 million from Churchill’s trust plus a roughly $200 million Foxconn-led PIPE) to list as the first U.S. pure-play humanoid company. Agility’s Digit robots already handle material flows at Toyota’s Woodstock, Ontario plant under a robots-as-a-service contract.
Two weeks earlier, Germany’s NEURA Robotics announced Europe’s largest humanoid financing – a Series C of up to $1.4 billion at a reported $7 billion valuation, led by Tether alongside Qualcomm, Amazon, NVIDIA, Bosch, Schaeffler and the European Investment Bank – to scale toward multi-million-unit serial production by 2030 against an order book above $1 billion.