Nvidia-backed Agility Robotics will list on Nasdaq, becoming the first humanoid robotics company in the U.S. to go public.

Nvidia-backed Agility Robotics will become the first U.S.-listed pure-play humanoid robotics company on November 5, debuting on Nasdaq under the ticker AGLT through a merger with special purpose acquisition company Churchill Capital Corp. XI. The Oregon-based startup, which has about 400 employees and builds humanoid robots for warehouse and factory use, expects to hold roughly $465 million at closing, including a $201 million private investment led by Foxconn; Nvidia, Amazon and SoftBank Vision Fund II are also investors. The listing marks the first public-market test of humanoid robotics as a standalone sector, giving investors direct exposure to a company whose robots are deployed in commercial logistics settings. Agility is expanding its partnership with GXO Logistics to deploy robots across more facilities and running a manufacturing pilot with AGCO. What to watch next is whether the combined company holds its post-listing valuation and converts its logistics and manufacturing pilots into broader commercial deployments.