The Humanoid Robotics Company figures have raised the biggest funding round, a sign of growing interest from investors in robots designed to work with humans in warehouses, factories and other settings.
The San Jose, California-based company announced Tuesday it raised a valuing Series C funding round for $39 billion. The “over $1 billion” round was led by Parkway Venture Capital, with participation from Brookfield Asset Management, NVIDIA, Intel Capital, among others.
According to the figure, the funds will be used to expand the company’s humanoid robot fleet, build the infrastructure needed to accelerate robot training, and launch sophisticated data collection efforts.
Since its founding in 2022, the company has raised nearly $2 billion in funding.
Earlier this year, Figure CEO Brett Adcock claimed that the person is the most “sought after” stock on the private market. However, the company has also sent out suspended and assumed letters to multiple secondary stock market brokers, informing TechCrunch in April that it would send such letters when the broker is not permitted to sell the stock.
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