Apptronik Raises $935M in Extended Series A at $5.3B Valuation, Accelerating Humanoid Robot Revolution

Apptronik, the pioneering humanoid robot startup from the University of Texas, has closed its extended Series A funding round at a whopping $935 million.

The company, known for its advanced Apollo robot, achieved a post-money valuation of approximately $5.3 billion, tripling its initial Series A mark.

Funding Surge and Investor Momentum

Originally announcing $350 million a year ago, Apptronik expanded to $415 million amid overwhelming demand before adding another $520 million from key backers.

Investors including Google, Mercedes-Benz, and B Capital returned, joined by new participants paying premium prices for shares.

Rich History in Robotics Innovation

Apptronik's roots trace back to 2013, when its founders from the University of Texas's Human Centered Robotics Lab competed in the NASA-DARPA Robotics Challenge with the Valkyrie robot.

The company formalized in 2016 and has maintained a longstanding partnership with NASA to refine humanoid technologies.

Strategic Partnerships Driving Embodied AI

Collaborations with Google DeepMind, GXO, and Mercedes-Benz position Apptronik to deliver embodied AI robots that perceive and reason in real-world environments.

The Apollo humanoid is designed for practical tasks like unloading trailers, picking warehouse inventory, and maintaining machinery.

Impact on the Humanoid Robotics Landscape

This massive funding underscores the explosive growth in humanoid robotics, rivaling competitors like Figure AI, which has raised billions since 2022.

Despite the scale, Apptronik retains its Series A label, citing early development stages and inbound investor interest rather than active fundraising.