Apptronik brings in another $520M to ramp up Apollo production

In addition, Boston Dynamics, another long-time humanoid developer, is getting closer to deploying its Atlas humanoid in commercial settings. All of the company’s Atlas units are committed for 2026, shipping to Hyundai Motor Group’s Robotics Metaplant Application Center (RMAC) and Google DeepMind, with additional customers planned for 2027.

Hyundai, Boston Dynamics’ parent company, aims to manufacture up to 30,000 humanoids annually by 2028. It said Atlas will be performing high-precision sequencing at scale in 2028 and complex assembly tasks slated for 2030. “Today’s investment is a strong vote of confidence in our mission to deliver humanoid robots that are designed to work alongside humans, not just as tools but as trusted collaborators,” stated Jeff Cardenas, co-founder and CEO of Apptronik..

“With the backing of our longstanding investors and strategic partners, we’re poised to unveil the newest version of Apollo and maximize the impact of embodied AI across industries,” he added. “Together, we’re transforming workflows, reimagining factory floors, and writing a new chapter for next-generation humanoid robots that are designed and built to drive meaningful societal progress.” While investor interest is high for humanoids, commercial deployments are still slow. Agility Robotics leads the way in rollouts. Last year, it deployed its Digit humanoid with Mercado Libre, a leading commerce and fintech ecosystem in Latin America, in a facility in San Antonio, Texas.

Digit was first deployed with GXO in June 2024. This is widely considered to be the first deployment of a humanoid at a commercial customer site. Figure has also deployed its robots with a paying customer since December 2024.