Overview
Austin, Texas-based Apptronik has secured a $520 million extended Series A funding round, bringing its total to $935 million. The investment aims to enhance production of its AI-powered humanoid robot, Apollo, designed for use in factories and critical industries. Key investors include B Capital, Google, and AT&T Ventures, with the latest round reflecting a threefold increase in valuation. Apptronik's mission is to create robots that collaborate with humans, transforming workflows and driving societal progress.
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Investors: B Capital, Google, AT&T Ventures
Austin, Texas-based Apptronik has secured a $520 million extended Series A funding round, bringing its total to $935 million. The investment aims to enhance production of its AI-powered humanoid robot, Apollo, designed for use in factories and critical industries. Key investors include B Capital, Google, and AT&T Ventures, with the latest round reflecting a threefold increase in valuation. Apptronik's mission is to create robots that collaborate with humans, transforming workflows and driving societal progress.
Investors: B Capital, Google, Mercedes-Benz
Austin-based Apptronik has secured a $520 million Series A-X extension, bringing its total Series A funding to over $935 million. This funding aims to ramp up production of its humanoid robot, Apollo, which assists in manufacturing and logistics. Key investors include B Capital, Google, and Mercedes-Benz. The company plans to expand global deployments and develop advanced facilities for robot training, with a long-term vision to enter healthcare and home markets.