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Apptronik

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Apptronik is an Austin, Texas robotics company that develops Apollo, a general-purpose humanoid robot for logistics, manufacturing and retail work. It spun out of the University of Texas at Austin's Human Centered Robotics Lab and now operates Robot Park, a 90,000-square-foot humanoid data collection and training facility in Austin, with AI model work conducted in partnership with Google DeepMind.

Founded
2016
Headquarters
AustinUnited States
Employees
300
Total funding
$935M
Valuation
$5.5B
Products
3
Our coverage
26stories
  • Substance Over Hype: Apptronik Quietly Unveils Apollo 2 Humanoid via Website Update
    Substance Over Hype: Apptronik Quietly Unveils Apollo 2 Humanoid via Website Update
  • Google DeepMind Unveils Gemini Robotics 2, Bringing Whole-Body Intelligence and Multi-Robot Teams to Physical AI
    Google DeepMind Unveils Gemini Robotics 2, Bringing Whole-Body Intelligence and Multi-Robot Teams to Physical AI
  • Apptronik Nears $1 Billion Milestone with Massive $520 Million Funding Extension
    Apptronik Nears $1 Billion Milestone with Massive $520 Million Funding Extension
  • Apptronik Raids Tech Giants for Executive "Dream Team" Ahead of New Robot Reveal
    Apptronik Raids Tech Giants for Executive "Dream Team" Ahead of New Robot Reveal
  • Mercedes-Benz Integrates Humanoid Robots From Apptronik into Berlin Production Facility
    Mercedes-Benz Integrates Humanoid Robots From Apptronik into Berlin Production Facility
  • Apptronik Gears Up Apollo Humanoid Production with Jabil Partnership, Teases Upgrades
    Apptronik Gears Up Apollo Humanoid Production with Jabil Partnership, Teases Upgrades

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What the company builds

Apptronik develops Apollo, a general-purpose humanoid robot aimed at logistics, manufacturing and retail work. The company grew out of the University of Texas at Austin's Human Centered Robotics Lab and describes Apollo as the product of nearly a decade of iteration across more than 15 earlier robot systems, including work on NASA's Valkyrie humanoid. Its engineering identity rests on in-house actuators and full-body control rather than on a novel end-effector or a proprietary foundation model; the company markets Apollo for tasks such as case picking, palletizing, trailer unloading, kitting and machine tending in facilities built for people.

Apollo 2, Robot Park, and what comes next

On 30 June 2026 Apptronik opened an expanded Robot Park in Austin, a 90,000-square-foot data collection and training facility that anchors a network of similar sites at customer and partner locations. Alongside it the company formally presented Apollo 2 in bipedal and wheeled-base configurations, positioning the fleet as a continuous data-gathering apparatus feeding AI models developed with Google DeepMind. Humanoids Daily reported the Apollo 2 page appearing on the company's website two days earlier, without a press release — consistent with the "substance over hype" line CEO Jeff Cardenas has repeated in interviews with this publication and others. Forbes reported that at the same event Cardenas teased Apollo 3 for next year and framed it as the company's first true product, with Apollo 2 still a pre-product platform. Apollo has also served as a hardware target for Google DeepMind's Gemini Robotics models, including the whole-body control work in Gemini Robotics 2.

Capital and commercial footing

Apptronik closed a $520 million Series A-X extension on 11 February 2026, taking Series A financing past $935 million and lifetime capital, by the company's own description, to nearly $1 billion. Repeat backers B Capital, Google, Mercedes-Benz and PEAK6 were joined by AT&T Ventures, John Deere and the Qatar Investment Authority. Valuation reporting diverged on the day: CNBC put it at $5 billion, Bloomberg at more than $5.5 billion. Reuters reported headcount above 300 at the time, with plans for a California office. Commercially, Apollo has run in pilots with Mercedes-Benz and GXO Logistics, and a 2025 collaboration with Jabil covers both contract manufacturing of Apollo and deployment inside Jabil's own lines. In June 2025 the company spun up Elevate Robotics, a wholly owned subsidiary led by Paul Hvass targeting heavy-duty industrial automation outside the humanoid form factor.

Leadership and position

Cardenas remains CEO and co-founder; Nick Paine is co-founder and CTO. In April 2026 the company hired Daniel Chu, formerly of Waymo and 23andMe, as chief product officer, part of a bench-building exercise drawing on Boston Dynamics and Amazon and explicitly tied to a longer-term ambition in assistive and eldercare.

Against Figure, 1X, Agility Robotics, Tesla and Unitree, Apptronik's differentiators are its Google relationship, an automotive and 3PL customer base acquired early, and a slower public cadence. The open question is the one Cardenas himself framed at Robot Park: Apollo 2 is a data engine, not yet a product, and the commercial case rests on a machine that has not shipped.

Robots & products

A selection of the company's announced products, not a complete catalogue.

Apptronik Apollo 2

Apollo 2

Prototype

Bipedal humanoid · announced June 2026

The current generation of Apptronik's humanoid platform, offered in both bipedal and wheeled-base configurations and used as a large-scale real-world data collection workhorse.

Apptronik Apollo 2 (wheeled configuration)

Apollo 2 (wheeled configuration)

Prototype

Wheeled humanoid · announced June 2026

Wheeled-base variant of the Apollo 2 platform aimed at industrial settings where stability and efficiency matter more than walking.

Apptronik Apollo

Apollo

Pilot deployment

Bipedal humanoid · announced August 2023

Apptronik's general-purpose commercial humanoid robot, designed for logistics and manufacturing tasks such as case picking, palletizing, trailer unloading and machine tending.

Funding

$935M raised
RoundDateAmountValuationLead investors
Series AFebruary 2026$520M$5.5BB Capital, Google, Mercedes-Benz
Series AFebruary 2025$350MB Capital, Capital Factory

Timeline

  1. Robot Park opens; Apollo 2 unveiled and Apollo 3 teased

    The 90,000-square-foot Austin data factory anchors a global network of data collection sites, with Cardenas describing Apollo 3, expected next year, as the company's first true product.

    apptronik.com
  2. Apollo 2 appears quietly on Apptronik's website

    The next-generation platform, with swappable bipedal and wheeled mobility, was published without a press release two days before the formal unveiling.

    Substance Over Hype: Apptronik Quietly Unveils Apollo 2 Humanoid via Website Update
  3. Executive hires from Waymo, Boston Dynamics and Amazon

    Daniel Chu, formerly of Waymo and 23andMe, joined as chief product officer alongside senior leaders in software, services, marketing and people operations.

    Apptronik Raids Tech Giants for Executive "Dream Team" Ahead of New Robot Reveal
  4. $520 million Series A-X takes Series A past $935 million

    New investors AT&T Ventures, John Deere and the Qatar Investment Authority joined returning backers B Capital, Google, Mercedes-Benz and PEAK6, at a valuation reported between $5 billion and more than $5.5 billion.

    Apptronik Nears $1 Billion Milestone with Massive $520 Million Funding Extension
  5. Reports of a new round at a $5 billion valuation

    Apptronik was reported to be in advanced talks to raise at least $400 million led by existing investor B Capital.

    Apptronik Reportedly Seeking Over $400M at $5B Valuation Amid Humanoid Capital Race
  6. Apollo used as platform for Gemini Robotics 1.5 models

    Google DeepMind's agentic vision-language-action framework was demonstrated running on Apptronik's Apollo humanoid.

    Google DeepMind Gives Robots a 'Thinking' Brain with Agentic Gemini 1.5 Models
  7. Elevate Robotics created as wholly owned subsidiary

    Led by CEO Paul Hvass, previously a co-founder of Plus One Robotics, Elevate targets heavy-duty industrial automation outside the humanoid form factor.

    globenewswire.com
  8. $350 million Series A led by B Capital and Capital Factory

    Google participated in the round, which later closed oversubscribed at $403 million.

    robotics247.com
  9. Google DeepMind robotics partnership announced

    Apptronik and Google DeepMind agreed to work together on AI-powered humanoids, making Apollo a hardware platform for DeepMind's Gemini Robotics models.

    robotics247.com
  10. Apptronik unveils Apollo humanoid robot

    The company presented Apollo as a commercial humanoid designed for mass manufacturability, safety and industrial work.

    apptronik.com
  11. Terex takes equity stake and signs co-development deal

    The NYSE-listed materials-handling manufacturer invested in Apptronik and agreed to jointly create robotic applications for Terex products.

    investors.terex.com
  12. QDH prototype shown publicly, Apollo programme detailed

    Apptronik released first video of its Quick Development Humanoid — Astra's upper body plus legs, using only three actuator types — and confirmed it was building the commercial general-purpose robot Apollo.

    spectrum.ieee.org
  13. NASA partnership to commercialize Apollo; first prototype completed

    NASA selected Apptronik as a commercial partner for a new generation of general-purpose humanoids, and the first Apollo prototype was complete at the Austin headquarters.

    prweb.com
  14. Apptronik raises $14.6 million seed round

    The company said the money would accelerate commercialization of its general-purpose robots, with Capital Factory among the investors.

    prweb.com
  15. Follow-on convertible note at a $35 million cap

    Capital Factory invested a further $100,000 alongside Grit Ventures and family office Perot Jain in a new convertible note.

    capitalfactory.com
  16. Astra humanoid torso becomes Apptronik's first product

    Developed in late 2020, the upper-body Astra was a force-controlled commercial research platform that went out on customer pilots, mostly in logistics, and taught the company perception and hand-eye coordination ahead of Apollo.

    therobotreport.com
  17. Sagittarius force-augmentation exoskeleton revealed with UT Austin

    Apptronik and the Human Centered Robotics Lab showed a 12-degree-of-freedom powered lower-body exoskeleton, one of several generations of wearable robots Apptronik built during its defense-funded years.

    sites.utexas.edu
  18. Draco, Apptronik's first biped, walks unsupported

    Draco was a liquid-cooled, 10-degree-of-freedom lower body using viscoelastic actuators, developed with UT Austin's Human Centered Robotics Lab and used to demonstrate unsupported dynamic locomotion.

    arxiv.org
  19. First outside investment: convertible note led by Capital Factory

    A Capital Factory fund put $200,000 into a convertible note set at a $15 million pre-money cap, with Tiger 21 as the only other investor in the round.

    capitalfactory.com
  20. First contract: NASA SBIR for liquid-cooled actuators

    Apptronik's first job after spinning out of UT Austin was a Small Business Innovation Research contract from NASA's Johnson Space Center to develop its liquid-cooled robotic actuator technology, building on co-founders' work on the Valkyrie humanoid.

    spinoff.nasa.gov
  21. Apptronik was founded

    Apptronik is founded as a spin-out from the University of Texas at Austin.

Latest on Apptronik

All 26 stories →

Apptronik Cracks CNBC Disruptor 50, Highlighting Humanoid Robotics' Rise in AI Era

Apptronik has been named to CNBC's 2025 Disruptor 50 list at #33, becoming the first humanoid robotics company to achieve this recognition. The selection highlights Apptronik's scalability, AI integration through its Apollo robot, a recent $350M Series A funding, and key partnerships, signaling the growing prominence of humanoid robots.

Humanoid Robotics Momentum: London and Shanghai Host Major Industry Summits Concurrently

Two major robotics events, the Humanoids Summit in London and the Embodied Intelligence Developer Conference in Shanghai, are taking place simultaneously on May 29-30, 2025. London focuses on mass production and investment with key industry leaders, while Shanghai highlights strong policy support, talent development, and practical applications, underscoring a global acceleration in the humanoid robotics field.

Apptronik Gears Up Apollo Humanoid Production with Jabil Partnership, Teases Upgrades

Apptronik CEO Jeff Cardenas discusses plans for new Apollo humanoid versions focusing on robustness and dexterity, leveraging strategic partnerships like a manufacturing deal with Jabil, and significant investor backing. The company emphasizes a 'Robots for Humans' approach, aiming for commercial viability by 2025 and meaningful industrial deployment from late 2026.

Investor Chris Camillo: Humanoid Robots are 'Embodied AI' with Trillion-Dollar Potential

Investor Chris Camillo shares his conversion from humanoid robot skeptic to major believer, outlining his thesis that 'embodied AI' represents an 'infinite labor machine' set to transform industries like manufacturing, logistics, and healthcare. He discusses key players (Tesla, Figure, Apptronik), timelines (pilots now, scaling in 3-5 years, ubiquitous in 10-30), the RaaS business model, and potential economic impact, while cautioning against near-term hype.

Corporate Investors Bet Big on Robotics Revolution: CVC Deals Jump 183% in Q1

Corporate venture capital investment in robotics startups surged 183% YoY in Q1 2024, reaching $1.3 billion across 34 deals. Driven by AI advancements and manufacturing needs like onshoring, corporations are investing both to supply components for and deploy next‑generation robots, most notably humanoids.

US Humanoid Robot Ambitions Hit Supply Chain Snag Amid China Tariffs

US efforts to build a competitive humanoid robotics industry are facing complications from tariffs on Chinese goods. Many critical components for these advanced robots are sourced from China, and the new levies risk increasing costs and slowing US progress relative to state-supported Chinese firms.

Humanoid Robot Market Set for Explosive Growth, Reaching $113B by 2033, Report Finds

A new market report projects the global humanoid robot market will soar from $2.37 billion in 2023 to over $113 billion by 2033, driven by demand in caregiving, defense, and retail automation. While hardware and wheeled robots dominate now, software and bipedal models are expected to see the fastest growth. North America leads, but Asia-Pacific and Africa are poised for rapid expansion.

Sources