Figure Raises $675 Million at $2.6 Billion Valuation

Figure is a robotics startup creating autonomous general-purpose humanoid robots. The robots are equipped with advanced sensors, including cameras, LiDAR, and depth sensors, enabling them to perceive and navigate their surroundings with precision. Additionally, sophisticated algorithms allow the robots to interpret complex commands, learn from interactions, and adapt to new environments autonomously.

Figure has raised $675 million in a Series B round, bringing the company’s valuation to $2.6 billion. The new round saw participation from technology investing giants, including Microsoft Corp., Open AI Startup Fund, Nvidia Corp., Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest.

Figure, Sunnyvale, California, United States, was founded in 2022 by Brett Adcock. “Our vision at Figure is to bring humanoid robots into commercial operations as soon as possible,” said Brett Adcock, founder and chief executive of Figure. “This investment, combined with our partnership with OpenAI and Microsoft, ensures that we are well-prepared to bring embodied AI into the world to make a transformative impact on humanity.”

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