Apptronik Raises $350M Series A to Scale AI-Powered Humanoid Robots
Apptronik develops AI-powered humanoid robots designed to work alongside humans.
Company: Apptronik
Location: Austin, TX
Industry: AI-powered robotics
Funding Details:
- Amount: $350M
- Lead Investors: B Capital and Capital Factory
- Other Participants: Google
Use of Funds:
- Accelerate deployment of Apollo, its humanoid robot
- Scale operations and innovation
- Expand team to meet demand
What Apptronik Does:
Apptronik develops AI-powered humanoid robots designed to work alongside humans. Its latest model, Apollo, is engineered to assist in industries such as:
- Manufacturing
- Logistics
- Healthcare (future applications)
- Home assistance (future applications)
Apollo is the result of nearly a decade of development, building upon Apptronik’s work on 15 previous robots, including NASA’s Valkyrie robot.
Key Partnerships & Market Demand:
- Strategic partnership with Google DeepMind Robotics Team to integrate AI with its humanoid platform.
- Foundational commercial agreements with Mercedes-Benz and GXO Logistics, demonstrating real-world applications for its technology.
