Figure AI
AI robotics company building autonomous humanoid robots for industry and home
Valuation Sep 2025
$39B
Revenue 2025 (proj.)
$100M+
Total Funding
$1.75B+
Target Production
100K robots
Founded
2022
Overview
Figure AI is an AI robotics company founded in 2022 by serial entrepreneur Brett Adcock. The company develops autonomous humanoid robots designed to address labor shortages and automate dangerous or repetitive tasks across manufacturing, logistics, and domestic environments. With its flagship Figure 02 robot and revolutionary Helix Vision-Language-Action model, Figure has rapidly emerged as a leader in humanoid robotics. The company achieved a $39 billion valuation in September 2025 following over $1 billion in Series C funding, backed by major investors including Microsoft, NVIDIA, OpenAI, and Jeff Bezos.
Products & Technology
- Figure 02: Second-generation humanoid with 50% more battery, 6 RGB cameras, 16 DoF hands.
- Helix VLA: First commercial-ready Vision-Language-Action model for humanoid control.
- Full upper-body control at 200Hz with onboard GPUs.
- Multi-robot collaboration and natural language understanding.
- BotQ: Manufacturing facility for mass production (12,000 units/year capacity).
- Home deployment: Alpha testing for household tasks starting late 2025.
2024-2025 Highlights
- Raised $1B+ in Series C at $39B valuation led by Parkway VC (Sep 2025).
- Launched Helix VLA model enabling generalist humanoid control (Feb 2025).
- Figure 02 deployed at BMW Spartanburg plant for production tasks.
- Ended OpenAI collaboration, developed fully in-house AI systems.
- Announced plans for 200,000 robots by 2029 generating $9B revenue.
- Opened 10x larger Bay Area facility for expanded production.
- TIME Magazine’s 100 Best Inventions of 2024 recognition.
- Accelerated home deployment timeline by 2 years to 2025.
Funding Rounds
| Announced | Money Raised | Round | Valuation | Investors |
|---|---|---|---|---|
| Sep 16 2025 | $1B+ | Series C | $39B | Parkway VC, Brookfield, NVIDIA, Intel Capital |
| Feb 29 2024 | $675M | Series B | $2.6B | Microsoft, OpenAI, Jeff Bezos, NVIDIA |
| May 2023 | $70M | Series A | $400M | Parkway VC, Other investors |
Key Partnerships & Deployments
| Date | Type | Partner | Description |
|---|---|---|---|
| Jan 2024 | Commercial | BMW Manufacturing | Humanoid deployment at Spartanburg plant |
| Feb 2024 | Technology | OpenAI | AI model development (ended Feb 2025) |
| 2024 | Technology | Microsoft | Azure cloud services for AI infrastructure |
| 2025 | Commercial | Undisclosed | Second major customer (rumored Amazon/Walmart) |