EMERGING TECH
EMERGING TECH
EMERGING TECH
Apptronik Inc., the maker of artificial intelligence-powered humanoid robots, today announced it has raised $520 million more in early-stage funding, bringing the total capital raised by the company to nearly $1 billion.
The Series A-X extension round follows a $415 million oversubscribed Series A raise in 2025. Existing investors, including B Capital, Google LLC, Mercedes-Benz and PEAK6 participated, as well as new investors such as AT&T Ventures, John Deere & Co. and the Qatar Investment Authority.
The company said it will use the fresh capital to gear up production of its award-winning humanoid robot, Apollo, and expand its commercial and pilot deployments.
As a humanoid robot, Apollo stands about five feet, eight inches tall, runs four hours on a battery pack, weighs about 160 pounds and can carry 55 pounds. Although it runs on a battery for mobile movement, it can be tethered to a cord for continuous operation. The company said it’s designed for safety and operates with an intuitive detection perimeter similar to a person, where it will slow and pause if a person gets too close when it’s moving.
Apptronik has inked partnerships with some of the largest brands in the world, including Mercedes-Benz AG, GXO Logistics Inc. and Jabil Inc., to place robots in factories and warehouses. It is also working with Google DeepMind to build the next generation of humanoid robots, powered by Gemini Robotics models.
“We’re transforming work flows, reimagining factory floors and writing a new chapter for next-generation humanoid robots that are designed and built to drive meaningful societal progress,” said Jeff Cardenas, co-founder and chief executive of Apptronik.
The company said Apollo is designed to revolutionize human-robot interaction. It’s currently aimed at critical industries, including logistics and manufacturing, where it can help manage labor-intensive processes.
Humanoid robots can work alongside human counterparts safely by moving items, sorting and grouping them. Since they have a form factor similar to people and can lift much heavier objects — and even unwieldy items — they can be helpful in situations where robotic arms could be less nimble.
Apptronik, which has nearly 300 employees, said the company plans to expand Apollo into retail, healthcare and eventually domestic applications as well. Humanoid robots for residential customers might help people clean their living rooms, do the dishes and take care of other chores in the future.
The company draws on its previous work in the Human Centered Robotics Lab at the University of Texas in Austin. Apollo is the culmination of extensive work on humanoid robotics after a series of nearly 15 robots and nearly a decade of work, including the National Aeronautics and Space Administration’s Valkyrie robot, also known as R5.
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