Apptronik Scores $935 Million, Hits Top 3 For Humanoid Robotics Funding - Forbes
“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,” CEO Jeff Cardenas said in a statement.
Key takeaways
Humanoid robots have moved from laboratory demos to real‑world deployments in early 2026. At CES 2026, a wave of announcements highlighted production‑ready machines: Figure AI’s Figure 02 units ran ten‑hour shifts on BMW’s X3 line, handling tens of thousands of parts; Boston Dynamics unveiled a field‑oriented Atlas model and, together with Hyundai, pledged to manufacture tens of thousands of units annually by 2028; Tesla began training its Optimus robots at the Austin Gigafactory using imitation learning, while Qualcomm and NVIDIA introduced new compute platforms and simulation tools for autonomous motion. Commercial roll‑outs are accelerating—Apptronik secured a $520 million round that valued the company at $5 billion and is scaling its Apollo humanoid for factory and warehouse use with partners such as Mercedes‑Benz and GXO, aiming for high‑volume production and pricing around $80 000 per unit by 2027; Hyundai’s Atlas units are slated for shipment to its Robotics Metaplant and Google DeepMind in 2026, with precision sequencing tasks planned for 2028 and complex assembly by 2030. Smaller, safety‑focused designs are also emerging: Fauna Robotics introduced Sprout, a compact humanoid built to operate safely around people in homes, schools and retail spaces. In China, Unitree and other startups showcased full‑size humanoids in the CCTV Lunar New Year gala, and firms like Agibot are preparing IPOs after extensive public performances. Meanwhile, research breakthroughs such as the neural‑blueprint for human‑like intelligence in soft robots from NUS and SMART promise more adaptable, gentle manipulators for assistive and medical applications. Collectively, these developments indicate that humanoid robots are transitioning from novelty prototypes to scalable industrial, commercial and service platforms.
“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,” CEO Jeff Cardenas said in a statement. “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. Together, we’re transforming work flows, reimagining factory floors and writing a new chapter for next-generation humanoid robots that are designed and built to drive meaningful societal progress.”
This makes Apptronik a top-three robotics company globally for investment, behind Figure AI, which just closed a billion-dollar round in September last year. 1. Figure AI: about $1.9 billion including its Series C 2. UBtech Robotics: about $940 million 3. Apptronik: about $935 million 4. Agility Robotics: about $641 million
This is going to drive a lot of product innovation, and Apptronik will be sharing new product news soon, the company says.
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“This funding comes at a critical time for us as we fine-tune design and ramp up production to bring Apollo to market and set a global standard for what versatile, general-purpose robots can be,” Cardenas said in an email from a representative. “Right now, our robots are hard at work and we’re actively determining the best ways in which robots can make an impact across a variety of use cases. We’re making rapid progress on our next iterations of Apollo and we’re excited to share more soon.” This voice experience is generated by AI. Learn more.
Robotics company Apptronik closed a huge new extension round of $520 million, adding to its initially $415 million series A funding round for a total of $935 million in Series A funding. The target: ramping production of Apollo, Apptronik’s humanoid robot.
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