Figure Raises $9M Equity Investment From Intel Capital

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.

Figure's Humanoid Robot

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.

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