Investment keeps flowing to humanoid robotics companies. Figure AI Inc. today announced that, with its Series C funding round, it has surpassed $1 billion in committed capital, bringing its post-money valuation to $39 billion.
“The funding will accelerate our efforts to bring general-purpose humanoid robots into real-world environments at scale,” said the San Jose, Calif.-based company.
“The team’s in place, the robots are built, and the path ahead is clear,” stated Brett Adcock, CEO of Figure.
Figure to scale out AI, manufacturing
Figure AI said it plans to build out its Helix platform for embodied intelligence platform and the BotQ high-volume production environment unveiled in March. The company plans to ship 100,000 humanoids over the next four years.
By expanding manufacturing, Figure said it expects to deploy humanoids into the real world to assist with household and commercial tasks. Last month, it showed how the Helix vision-language-action (VLA) model enables Figure 02 to fold laundry, and earlier this month, the company demonstrated the humanoid loading a dishwasher (see video below).
With NVIDIA as a partner, Figure said it build a next-generation graphics processing unit (GPU) infrastructure to accelerate training and simulation. “This compute foundation will power Helix’s core models for perception, reasoning, and control,” it asserted.
In addition, Figure plans to collect more real-world data including human video and multimodal sensory inputs to improve how robots comprehend and operate in complex, dynamic settings.
The company is hiring across roles, including BotQ manufacturing, platform software, and systems integration and testing.
Backers provide path to commercialization
Parkway Venture Capital led Figure AI’s Series C round, with participation from Brookfield Asset Management, NVIDIA, Macquarie Capital, Intel Capital, Align Ventures, Tamarack Global, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures.
“Support from new partners, alongside the continued backing of our existing investors, reflects both Figure’s position as the market leader and a shared belief in a future where this technology becomes a natural part of daily life,” said Figure AI.
In December 2024, the company reported delivering Figure 02 systems to a paying customer. Figure won a 2024 RBR50 Robotics Innovation Award for the fast pace of development of its humanoid robots.
The race to come to market with humanoids continues apace. Earlier this month, UBTECH Robotics Corp. also announced $1 billion in financing to scale up humanoid production.
Figure 02 demonstrates folding laundry using the Helix VLA model. Source: Figure AI
Learn more about humanoids at RoboBusiness 2025
Before humanoid deployments can scale, providers must address safety concerns, demonstrate flexibility and superiority to manual processes and existing robots, and meet market demand still subject to a wide range of predictions, noted industry experts.
These topics and more will be discussed at RoboBusiness 2025, which will be on Oct. 15 and 16 at the Santa Clara Convention Center. The event will include tracks on humanoids, physical AI, enabling technologies, design and development, business, and field robotics.
Keynotes will include “Lessons Learned From the First Humanoid Deployments,” with Jim Fan, director of AI and a distinguished scientist at NVIDIA, and Pras Velagapudi, chief technology officer at Agility Robotics.
The humanoid track at RoboBusiness will include sessions on:
- “Humanoids for Real Applications: Mastering Safety and Performance,” with Nikolai Ensslen, CEO of Synapticon
- “Advancements in Humanoid Actuation,” with Jordan Schaeffler, strategic business development engineer at Novanta
- “Integrating Behavioral Science into Humanoid Design,” with Ram Devarajulu, vice president and head of robotics for North America at Cambridge Consultants
RoboBusiness, the premiere event for developers and suppliers of commercial robots, will also feature more than 60 speakers, a startup workshop, and the annual Pitchfire competition. In addition, there will be numerous networking opportunities and over 100 exhibitors on the show floor.
Registration is now open for RoboBusiness 2025.
