Munich-based technology company Agile Robots AG is joining idealworks, a subsidiary of the BMW Group, as a strategic investor. Founded in 2020, idealworks is focused on promoting industrial automation in production and logistics through the development of a robotics ecosystem. The idealworks portfolio includes the intelligent automation platform AnyFleet, the autonomous mobile robot (AMR) iw.hub, and the mobile robotics operating system iw.os. Agile Robots AG, a spin-off of the German Aerospace Center (DLR), specializes in robotic-based solutions for industries like automotive and consumer electronics.
By partnering with Agile Robots AG, the BMW Group gains a strong strategic partner for idealworks. The investment, made within a Series A financing round, enables idealworks to expand its product portfolio and develop new solutions and technologies. The partnership also allows for access to new markets and accelerates the internationalization of the business segment.
Both idealworks and Agile Robots AG complement each other in terms of industry expertise and range of solutions. They will work together to further expand the robotics ecosystem and promote innovative solutions in the field of industrial automation.
The CEO of Agile Robots AG, Dr. Zhaopeng Chen, states that the combination of software and hardware capabilities provides a strong foundation for serving customers globally with automation solutions. The partnership combines German innovation and engineering expertise with the speed, global reach, and entrepreneurial vision of both companies.
According to Michael Alexander Schneider, CEO of idealworks, the Series A financing round strengthens the company’s position in industrial automation. The collaboration with Agile Robots AG allows them to jointly develop innovative solutions and offer customers more stability and reliability.
The cooperation between idealworks and Agile Robots AG offers extensive growth potential. Agile Robots AG brings its expertise in robotics and artificial intelligence along with its global network, while idealworks has the BMW Group as one of its largest customers and industrial know-how. The two companies rely on cross-process platforms and artificial intelligence as key success factors in handling heterogeneous robot fleets in complex environments.
The transaction between idealworks and Agile Robots AG is subject to approval by relevant authorities. The terms and conditions of the investment have not been disclosed.
For more information, please contact:
BMW Group Corporate Communications
Dr. Britta Ullrich
Phone: +49 89 382-18634
Email: britta.ullrich@bmwgroup.com
Agile Robots AG Communications
Lysann Guhl
Phone: +49 172 5115 436
Email: communications@agile-robots.com
idealworks Communications
Sarah Kuehn
Phone: +49 151-53846-316
Email: sarah.kuehn@idealworks.com
idealworks
idealworks, a deep tech company, specializes in providing logistics and industrial automation solutions. Its robotics ecosystem includes the AnyFleet automation platform, the iw.hub autonomous mobile robot (AMR), and the iw.os robotics operating system. By reshaping intralogistics processes, idealworks aims to drive efficiency and operational optimization in the automation landscape.
Agile Robots AG
Agile Robots AG is an international high-tech company based in Munich, Germany. With over 1,200 employees worldwide, the company focuses on developing systems that combine artificial intelligence and robotics. Their solutions utilize state-of-the-art force-moment sensing and image processing technology to provide user-friendly and affordable robotic solutions for precision assembly.