Agility Robotics begins trading on Nasdaq after completing its merger, while Aformic secures new funding for autonomous material handling. Also today: a warehouse automation partnership, a Canadian equipment-service acquisition and plans for North American robot assembly. A U.S. distribution engineering leadership job rounds out the edition.
Agility Robotics Begins Nasdaq Trading After Completed SPAC Merger
Agility Robotics announced November 5 that its shares are beginning trading on Nasdaq under AGLT after completing its business combination with Churchill Capital Corp XI on November 4. The merger and related financings provided approximately US$465 million in gross capital before transaction expenses, according to the company. Its warrants trade under AGLTW.
Agility says its Digit humanoid robots have accumulated more than 65,000 operating hours and are deployed with GXO, Schaeffler and Toyota Motor Manufacturing Canada. The company also reports more than $300 million in committed multi-year Digit 5 orders, subject to contractual milestones. The listing is a new development rather than a repeat of the earlier financing forecast.
Source: Agility Robotics Nasdaq debut announcement.
Aformic Secures $6.95 Million for Autonomous Forklift and AMR Expansion
Veteran Ventures Capital led a US$6.95 million seed investment in Aformic, a Duncan, South Carolina-based provider of autonomous mobile robots and fleet-management software. Other investors included ff Venture Capital, Red Beard Ventures and Mana Ventures. The company develops autonomous forklifts and low-profile mobile platforms for moving components and supplying production lines.
Aformic’s Qursor software coordinates robot movements in industrial facilities. The financing is intended to support expansion in North American manufacturing and defense markets. The company originated as a spinout from industrial automation group AIUT. Its investor describes the transaction as Aformic’s first institutional funding round.
Source: Veteran Ventures Capital announcement.
Packsize and Swisslog Formalize Fulfillment Automation Partnership
Packsize and Swisslog have announced a partnership to combine on-demand, right-sized packaging equipment with warehouse automation design and integration. Their stated approach is to consider carton production alongside storage, retrieval, order sequencing and packing rather than add packaging equipment after the rest of a fulfillment system has been specified.
The companies say they have already worked together on multiple projects, making the November 4 announcement a formalized partnership rather than their first joint installation. Swisslog supplies integrated warehouse automation systems, while Packsize provides equipment that produces cartons matched to order dimensions.
Source: Packsize company announcement.
Assurant Acquires B.C. Equipment Service-Plan Specialist Protection Point
Assurant has acquired Protection Point Service Plans, a British Columbia-based administrator of extended service plans for commercial equipment, including material-handling machinery. The transaction brings a longtime Canadian distribution partner into Assurant’s commercial equipment protection business.
Protection Point manages dealer onboarding, sales support, training, claims administration and service-plan processing. Assurant says the acquisition will strengthen its relationships with Canadian equipment dealers and manufacturers. The companies already worked together, with Assurant underwriting Protection Point programs.
Source: Assurant acquisition announcement.
Peppermint Robotics Raises $10.5 Million, Plans North American Assembly
Peppermint Robotics, based in Pune and Austin, has raised INR 100 crore, approximately US$10.5 million, in a pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. The financing includes primary and secondary transactions.
The company builds autonomous cleaning robots for facilities including factories, warehouses and airports, and is developing additional specialty material-transport equipment. It plans to establish a North American assembly line in the coming months, alongside expanded engineering and manufacturing capacity in India. Peppermint says the United States is its largest market and that its robots operate in nine countries.
Source: Peppermint Robotics company announcement.
Job of the Day
Senior Manager, Distribution Engineering & Technology | Johnson & Johnson | Memphis, Tennessee, or Raritan, New Jersey | Hybrid
Posted November 4, 2026, requisition R-106544. The role oversees distribution engineering and technology across J&J and third-party logistics sites in the Americas, including material-handling equipment, warehouse control and execution systems, robotics, safety, reliability and systems integration. The employer lists an anticipated base salary of US$127,000 to US$218,500 and an anticipated closing date of November 10. View the individual employer-hosted opening and apply.
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