Apptronik, which makes humanoid robots, raises $350M as category heats up

Apptronik secures $350M for humanoid robots, partnering with Google DeepMind for AI.

: Apptronik, originating from the University of Texas, raised $350 million in a Series A funding led by B Capital and Capital Factory, with support from Google. This investment aims to scale their humanoid robots, leveraging a strategic AI partnership with Google DeepMind. Apptronik's earlier robot experiences date back to NASA-DARPA competitions, distinguishing it in the industry. With a focus on manufacturing and logistics, the company plans future expansions into age tech and home automation.

Apptronik, an Austin-based company with roots in the University of Texas, has raised $350 million in Series A funding to advance its development of humanoid robots. This funding round, co-led by B Capital and Capital Factory with significant participation from Google, is aimed at demonstrating and scaling the viability of robotic applications for early adopters and commercial markets by 2026.

Apptronik has a history of work in humanoid robotics dating back to 2013, stemming from participation in the NASA-DARPA Robotics Challenge. The company's current focus includes furthering their collaboration with Google DeepMind to build robust AI models for their bipedal robots, with a plan to significantly increase their staff by 50% over the next year.

While the primary industry focus remains on manufacturing and logistics, the potential for these robots to assist in-home tasks and age tech remains a long-term goal. CEO Jeff Cardenas emphasizes the importance of addressing safety and reliability before embarking on large-scale deployments, reinforcing that the initial commercial markets are factories and warehouses due to their resource availability and economic potential.

humanoid robotsApptronikrobotics