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Today: November 26, 2024
March 1, 2024
1 min read

Figure secures $675 million in Series B funding for AI robotics tech

TLDR:

  • AI robotics company Figure has secured $675 million in Series B funding.
  • Key investors include Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos, Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest.

AI robotics company, Figure, has successfully raised $675 million in Series B funding. The funding round saw participation from key investors such as Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. This significant investment will enable Figure to further advance its AI robotics technology and expand its market reach. The company’s innovative approach to robotics has garnered attention and support from notable players in the industry, showcasing the potential for AI-driven solutions in various sectors. The funding round solidifies Figure’s position as a leading player in the AI robotics space and sets the stage for future growth and development.

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