Beijing Agile Robots Technology Co., Ltd. announced that it has received $220,000,000 in a round of funding led by new investor, SoftBank Vision Fund 2, a fund managed by SoftBank Investment Advisers (UK) Limited on September 9, 2021. The transaction also included participation from Chimera Investments LLC., Xiaomi Corporation, Foxconn Industrial Internet Co., Ltd., Midas, returning investors, GL Ventures, a fund managed by Hillhouse Investment Management, Ltd., Sequoia China Investment Management LLP, Linear Venture and other investors. The round is raised at a post-money valuation of more than $1,000,000,000.