TLDR:
- Figure raised $675M in Series B funding at a $2.6B valuation.
- The company plans to use the funds to accelerate the deployment of humanoid robots into the workforce.
Figure, a Sunnyvale, CA-based AI robotics company, secured $675M in Series B funding with a valuation of $2.6 billion. The investment round saw participation from prominent entities such as Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos, Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. The company, led by Brett Adcock, is focused on developing general-purpose humanoid robots for commercial deployment to address labor shortages and support supply chain operations on a global scale.
Figure’s partnership with OpenAI will enable the collaboration to develop next-generation AI models for humanoid robots, with the company leveraging Microsoft Azure for AI infrastructure, training, and storage. The goal of Figure is to bring humanoid robots into commercial operations as quickly as possible, with the vision of making a transformative impact on humanity. The $675M in Series B funding will help accelerate Figure’s timeline for deploying humanoid robots and further solidify its position in the AI robotics market.
