NVIDIA-backed Agility Robotics to list on NASDAQ, becoming the first publicly listed humanoid robot company in the United States.

On Nov. 5, according to Bloomberg, Nvidia-backed humanoid robot startup Agility Robotics will list on the Nasdaq on November 5 via a merger with special purpose acquisition company Churchill Capital Corp. XI under the ticker AGLT, becoming the first publicly traded specialized humanoid robotics company in the U.S. Prior to the merger, the company is expected to hold approximately $465 million in cash, including a roughly $201 million private investment led by Foxconn. Nvidia, Amazon, and SoftBank Vision Fund II are also among its investors.

Headquartered in Oregon, USA, Agility Robotics currently has around 400 employees and primarily develops humanoid robots for commercial scenarios such as warehouses and factories. Currently, the company is expanding its partnership with GXO Logistics, planning to deploy robots at more facilities, and collaborating with AGCO on manufacturing pilot projects.