Warehouse suppliers predict they will run out of people to hire by 2024. There are 10 million unfilled jobs in the United States and 7 million of those job openings are for essential roles in warehouses, transportation, and retail. That's where Figure comes in.
Funding led by: Intel Capital. This 9M is in addition to Figure's series A funding round.
Participation from: Parkway Venture Capital, Brett Adcock, Aliya Capital, Bold Capital Partners, Tamarack Global, FJ labs, and Till Reuter (former KUKA Robotics).
Total Funding Amount: $70M
Funds Use: strengthen its balance sheet and accelerate the development of Figure 01, its autonomous humanoid robot, build out its AI data pipeline for autonomous operations, and drive commercialization
About: Figure mission is to expand human capabilities through advanced AI. They are building general purpose humanoid robots.