Agility Robotics Hits $2 Billion Valuation, Plans New Funding Round for Digit Gen5

[Agility Robotics](/companies/agility-robotics) has reached a significant milestone in its growth journey, with CEO Peggy Johnson revealing during the 2026 Abundance Summit that the humanoid robotics company is now valued at approximately $2 billion (13.7 billion RMB).

The company is planning a new funding round later this year to support the expansion of its Robofab manufacturing facility in Salem, Oregon. The goal is to scale annual production capacity to 10,000 units.

Fifth-Generation Digit Robot Unveiled

Johnson also announced details of the upcoming fifth-generation Digit robot, which will feature an enhanced lifting capacity of 50 pounds (approximately 22.68 kg). This upgrade enables the robot to handle heavier loads in warehouse and logistics environments, making it suitable for demanding industrial applications.

The current operational cost for Digit stands at $10–$25 per hour, with future plans to reduce this to $2–$3 per hour as production scales and technology matures.

Strategic Partnerships and Growth

Headquartered in Corvallis, Oregon, with additional offices in Pittsburgh and Palo Alto, [Agility Robotics](/companies/agility-robotics) has established extensive partnerships with industry leaders including Amazon, Toyota, and [NVIDIA](/companies/nvidia).

The company has already completed six funding rounds totaling over $600 million (4.1 billion RMB). Key milestones include:

• 2016: $792,000 seed round from Robotics Hub
• 2018: $8 million Series A from Playground Global
• 2020: $20 million Series A+ from DCVC and Playground Global
• 2022: $150 million Series B from DCVC, Amazon Industrial Innovation Fund, and Sony Innovation Fund
• 2024: $150 million Series C at $1 billion valuation
• 2025: $400 million Series D from SoftBank and WP Global Partners

Leadership Team

The company is led by CEO Peggy Johnson, who brings extensive experience from Qualcomm and Microsoft where she served as Executive Vice President of Business Development for six years. CTO Pras Velagapudi holds a PhD from Carnegie Mellon University and previously worked at Amazon Robotics (Kiva Systems).

The successful scaling of Robofab to 10,000 units annually could mark a turning point in addressing labor shortages in the warehousing and logistics sectors, providing intelligent mechanical workers that can operate around the clock.