Figure AI, the robotics startup known for its work in humanoid robots, has closed a Series C funding round exceeding US$1 billion, reaching a post-money valuation of around US$39 billion.
The round was led by Parkway Venture Capital. Other major investors include Brookfield Asset Management, NVIDIA, Macquarie Capital, Intel Capital, Align Ventures, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures.
Figure will use the funding to scale production of its humanoid robots, boost its AI platform (“Helix”), expand manufacturing via its facility called BotQ, and increase data collection and infrastructure for training and simulation.
Founded in 2022 by Brett Adcock, Figure develops general-purpose humanoid robots engineered to assist in both household and commercial settings.
Before this Series C, the company had raised about US$675 million in its Series B round in early 2024, with a post-money valuation of about US$2.6 billion.
Hitting this valuation is a major milestone. Figure now stands among the most highly valued private robotics/AI companies globally. The investment underscores growing investor confidence in embodied AI and robotics especially humanoid robots for real-world deployment, not just research or prototypes.
With this capital, Figure aims to scale up operations fast: more robots in the field, more sophisticated AI training, more infrastructure. These are steep challenges in both engineering and cost.
Scaling humanoid robots into homes and commercial spaces will require huge investments in reliability, safety, and cost reduction. Figure will need to prove performance in messy, variable real-world environments.
Building the infrastructure (GPU farms, simulation environments, data pipelines) is costly and technically complex especially when aiming for general-purpose capabilities.
Competition is heating up. Other companies are pushing in robotics + AI; success will depend on not just capital but execution, iteration, and managing regulatory, supply chain, and hardware challenges.
This funding round makes it clear that investors believe humanoid robotics is entering its next phase—not just as futurist vision, but as something with momentum. Whether Figure can deliver on the promise will be watched closely over the next few years.
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