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Artificial intelligence Robotics Startups Venture

Apptronik Gets $350M To Build Better Humanoid Robots

Illustration of man and robot looking at each other. [Dom Guzman]

Although robotics funding remained relatively unchanged last year, some humanoid robot startups have seen massive cash from investors.

Add to that list, as the Austin, Texas-based AI-powered humanoid robotics company locked up a $350 million Series A co-led by and , with participation from . Founded in 2016, Apptronik had previously raised $28 million, per the company.

The startup said it will use the fresh cash to develop Apollo, its humanoid robot designed for industrial work. The company, which competes with , has partnered with and , and has developed 15 robotic systems, including NASA鈥檚 humanoid robot Valkyrie.

鈥淲e鈥檙e creating the world鈥檚 most advanced and capable humanoid robots, designed to work alongside humans in meaningful and transformative ways,鈥 said co-founder and CEO in the funding announcement. 鈥淏y uniting cutting-edge AI with hardware engineered for meaningful interaction, we鈥檙e shaping a future where robots become true partners in driving progress. It鈥檚 inspiring to have investors who believe in this vision and are committed to helping us bring it to life.鈥

Big money robots

This is far from the only big-money round to go to a robotics startup recently.

In November, , a startup developing brains for a wide array of robots, raised a $400 million round at a $2 billion valuation led by , and , .听

In July, Pittsburgh-based 鈥 also developing brain models that can be used in a variety of robots and for different tasks 鈥 raised a $300 million Series A led by , , and Bezos, through his . The funding valued the company at $1.5 billion.

Also it was only about a year ago when Sunnyvale, California-based , which is developing AI-enhanced robots that it hopes will be able to perform dangerous jobs and alleviate labor shortages, raised a huge $675 million round at a pre-money valuation of roughly $2 billion. That round included investments from , Bezos鈥 and others.听

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