Apptronik Scores $935 Million, Hits Top 3 For Humanoid Robotics Funding

“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.