Austin robotics company Apptronik piles on more funding, bringing series A round to $403M
11 Articles
11 Articles
Austin robotics company Apptronik piles on more funding, bringing series A round to $403M
Mercedes-Benz was one of the first companies to start exploring applications for an Austin startup's humanoid robot. And now the car company has made a new investment to help the company further develop its bots and get them into more workplace settings. In this story, we detail the company's new funding round, as well as update on its partnerships with other tech and logistics companies.
Apptronik raises more than $400 million in additional Series A funding
Apptronik, the AI-powered humanoid robotics company, has successfully closed an “oversubscribed” $403 million Series A funding round, adding an extra $53 million to the previously announced $350 million round led by B Capital and Capital Factory, with participation from Google. Mercedes-Benz, Japan Post Capital, ARK Invest, Helium-3, Magnetar, RyderVentures (the corporate venture capital arm of […]
Industrial Giants Back Apptronik's Humanoid Robot Vision with Expanded $403M Series A
Humanoid robots are actually showing up to work. While many robotics startups show off flashy demos that rarely leave the lab, Apptronik's Apollo robots are being tested in real factories, moving parts and conducting quality checks at Mercedes-Benz facilities in Germany and Hungary. This pragmatic approach has attracted an additional $53 million in funding from industrial heavyweights, bringing the Austin-based robotics company's Series A round …
Apptronik brings in another $53 million to fuel Apollo production - The Robot Report
Apollo is the culmination of nearly a decade of development, drawing on Apptronik’s extensive work on 15 previous robots, including NASA’s Valkyrie robot. | Source: Apptronik Apptronik Tuesday announced it added an extra $53 million to its oversubscribed Series A funding round, bringing the total funding from the round to $403 million. The company said the round reflects strong market demand and investor confidence in Apptronik’s leadership, uni…
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