Humanoid robot startup Apptronik has now raised $935M at a $5B+ valuation

Apptronik, a humanoid robot startup and University of Texas spinout, has raised $935 million, bringing its valuation to over $5 billion. Known for building robots for Google DeepMind among others, Apptronik's latest funding reflects strong investor interest and the company's innovative work in embodied AI. Previously, the company raised $350 million in Series A funding, which was later expanded to $415 million.

Key Points

• Apptronik raised a total of $935 million in Series A funding.
• The post-money valuation now stands at approximately $5.3 billion.
• The original Series A round was $350 million, expanded due to strong demand.
• Investors included Google, Mercedes-Benz, and B Capital, along with new entrants.
• Apptronik specializes in 'embodied AI', enabling robots to adapt and reason rather than just follow commands.
• The company has been working on humanoid robots since 2013, starting with the NASA-DARPA Robotics Challenge.

Relevance

• In the 2025 IT landscape, investment in AI and robotics continues to grow, with startups like Apptronik at the forefront.
• Embodied AI technology represents a significant trend, with applications expanding in logistics and manufacturing.
• Competitor Figure AI has raised significant funds, indicating a competitive investment environment in this tech sector.

Apptronik's successful funding round highlights the growing interest in humanoid robots and AI technology, reinforcing its position in a rapidly evolving industry where innovation is key to attracting significant capital.