idealworks: BMW Group subsidiary gains Agile Robots AG as majority shareholder

Munich-based technology company Agile Robots AG is joining idealworks, a subsidiary of the BMW Group founded at the end of 2020, as a strategic investor. As a deep tech company, idealworks is significantly promoting industrial automation in production and logistics by developing a robotics ecosystem. The idealworks portfolio consists of 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), which produces robotic-based solutions for the automotive and consumer electronic industries.

Partnership with great synergy potential

With Agile Robots AG, the BMW Group gains a strong strategic partner for idealworks. The investment made within a Series A financing round confirms the trust of both shareholders and enables idealworks to expand its product portfolio. In addition to continuing existing collaborations with leading technology companies such as NVIDIA Corporation, Microsoft Corporation and ADLINK Technology Inc., the investment enables the joint development of new solutions and technologies as well as access to further branches and markets.

Further information in the press release to download