Apptronik Raises $520M Series A Extension to Accelerate Apollo Humanoid Robot Production Amid Robotics Funding Boom

In a landmark deal for AI robotics, Austin-based Apptronik announced a $520 million extension to its Series A funding round.

This infusion brings the total Series A to over $935 million, attracting new investors like AT&T Ventures and John Deere alongside existing backers such as Google and Mercedes-Benz.

Apptronik's Apollo: Pioneering Humanoid Robotics

Founded in 2016 from the University of Texas at Austin's Human Centered Robotics Lab, Apptronik has grown to nearly 300 employees, doubling in size over the past year.

The company's flagship Apollo humanoid robot emphasizes intuitive, safe interactions with humans through features like a friendly face, eye-level cameras, and natural colors.

Apptronik's Robotics-as-a-Service model covers hardware, software updates, and support, targeting mass adoption in labor-intensive sectors.

Record Surge in Robotics Investments

Robotics startups shattered records in 2025 with nearly $14 billion in funding, up from $8.2 billion the prior year, signaling explosive growth into 2026.

This momentum mirrors recent deals like Skild AI's $1.4 billion raise, which tripled its valuation to over $14 billion.

Commercial pilots with Mercedes-Benz, GXO Logistics, and Jabil demonstrate Apollo's real-world viability in automotive, logistics, and manufacturing.

A strategic partnership with Google DeepMind integrates Gemini Robotics for advanced capabilities.

The fresh capital will supercharge Apollo production scaling and expand global deployments.

Looking ahead, Apollo aims to enter retail, healthcare, and eventually homes, transforming industries by handling demanding tasks alongside humans.

With nearly $1 billion raised since inception, Apptronik positions itself at the forefront of the humanoid revolution.