The US company managed to raise a staggering $8 million in this latest round of investment.
The companies technology is built on top of academic research, with the Cassie robot a byproduct of the technology used for ATRIAS at the Dynamic Robotics Laboratory at Oregon State University.
The technology used to allow these robots to ‘walk’ relies on the same fundamental principles underlying legged locomotion in animals.
Agility is growing fast and could well become a big player in the worldwide robotic market if they are able to perfect their robotic mobility technology and bring it into human environments.
The technology that the Cassie robot uses could have implications for everything from disaster rescue to allowing engineers to create exoskeletons for people with paraplegia.