Figure Secures $675M Series B Funding to Propel Commercial Deployment of Humanoid Robots.
Figure stands at the cutting edge of AI robotics, with a focus on creating humanoid robots capable of autonomous operation in a variety of workforce environments.
Company Name: Figure
Location: Sunnyvale, CA
Sector: AI Robotics
Funding Details: Raised $675M in Series B funding, at a $2.6 Billion valuation. Participants include Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest.
Purpose of Investment: To accelerate the timeline for humanoid commercial deployment.
Leadership: Brett Adcock, Founder and CEO
Product: Figure is developing autonomous general-purpose humanoid robots aimed at addressing labor shortages, performing undesirable or unsafe jobs, and supporting the global supply chain. The company is focusing on integrating advanced AI models for humanoid robots in collaboration with OpenAI and leveraging Microsoft Azure for AI infrastructure.
About Company: Spearheaded by CEO Brett Adcock, Figure stands at the cutting edge of AI robotics, with a focus on creating humanoid robots capable of autonomous operation in a variety of workforce environments. The company's ambitious vision to deploy humanoids commercially aims to transform industries facing labor shortages or hazardous work conditions, significantly impacting supply chain efficiency and safety.