Figure AI Secures Over $1B to Accelerate Humanoid Robot Rollout

SUNNYVALE, CA — Humanoid robotics company Figure has announced the completion of a Series C funding round, securing over $1 billion in committed capital. The round, led by Parkway Venture Capital, places the company at a post-money valuation of $39 billion and marks one of the most significant investments in the emerging general-purpose robotics sector to date.

The influx of capital is earmarked to accelerate Figure’s ambitious goal: deploying its humanoid robots in real-world settings at a commercial scale. This includes expanding manufacturing capabilities at its "BotQ" facility, scaling its AI platform, and building out the GPU infrastructure necessary for training advanced robotic models.

The list of investors reflects broad confidence from across the technology and financial sectors. Alongside Parkway Venture Capital, the round saw significant participation from Brookfield Asset Management, NVIDIA, Macquarie Capital, and Intel Capital. The inclusion of enterprise giants like Salesforce and tech-focused firms such as LG Technology Ventures, T-Mobile Ventures, and Qualcomm Ventures further underscores the perceived potential for humanoids in logistics, manufacturing, and beyond.

The investment from NVIDIA and Intel Capital is particularly notable, signaling a strategic alignment with the core providers of the computational power required for modern AI. Figure states the funding will be critical for advancing Helix, its AI system for "embodied intelligence," which governs the robot's perception, reasoning, and physical control. A key part of this effort involves launching large-scale data collection initiatives, including capturing human video and other sensory inputs to train the robots on how to operate in complex, dynamic environments.

Figure is competing in an increasingly crowded and well-funded field. Companies like Tesla with its Optimus robot, Boston Dynamics (a subsidiary of Hyundai), Sanctuary AI, and Apptronik are all pursuing the development of general-purpose humanoids. Each is betting that a bipedal, human-like form factor is the key to creating a machine that can seamlessly integrate into environments and workflows designed for people.

While investor enthusiasm is high, the technical and logistical hurdles remain substantial. Moving from controlled demonstrations to reliable, safe, and cost-effective deployment in unstructured commercial or domestic spaces is a challenge that has yet to be solved by anyone in the industry.

This funding round provides Figure with a formidable war chest to tackle these challenges. The company’s stated focus on scaling manufacturing and data collection suggests a strategic push to move beyond research and development and toward tangible, real-world application. The industry will be watching closely to see if this capital can translate Figure's vision into a viable commercial reality.