A deep dive into Agility, Oregon’s globally renowned robotics startup

I write a lot of high level fluff and hype about Oregon and SW Washington startups. By design. On purpose. Most of my effort is designed to keep my bounce rate around here as high as possible. Tell you about a thing. Pique your interest. And get you off of my lawn and where you need to actually be. As quickly as possible. But that doesn’t mean I don’t love me some in depth writing. Like this dissection of Agility from Wing VC.

Agility has some very interesting pieces: some early but real deployments, customers who pay for pilots, a factory and in-house actuators and a manufacturing facility. But what the filing clearly shows how early things are. It made barely $2M in revenue at very negative gross margins with most of the customers being investors in the business.

The key question for the business will be about the Digit v5 launch and whether their RaaS offering takes off over the next year with real deployments that start to scale.

To read the entire teardown, visit “Agility Robotics: Inside the First US Humanoid Company to Go Public.”