Agility Robotics Secures $620 M SPAC Deal, Targets Mass Production of Digit V5
Agility Robotics is merging with Churchill Capital Corp XI in a $2.5 billion SPAC that will raise over $620 million, including $200 million from new investors. The cash will fund mass production of Digit v5, for which the company already secured $300 million in multi‑year orders and a pipeline of 30‑plus customers, aiming to deploy humanoid robots that address labor shortages and boost supply‑chain resilience.