Brett Adcock founded the Palo Alto AI-based robotics scaleup in 2022 and in 2024 attracted 675 million US Dollars for its Series B round
Figure, A California’s scaleup that creates humanoid robots with artificial intelligence, said it closed a Series C round of above one billion US Dollars for a post-money value of 39 billion (press release)
The company attracted the resources of Parkway Venture Capital (lead investor), Brookfield Asset Management, NVIDIA, Macquarie Capital, Intel Capital, Align Ventures, Tamarack Global, LG Technology Ventures, Salesforce, T-Mobile Ventures,and Qualcomm Ventures.
Brett Adcock founded Figure in 2022 and in 2024 raised 675 million for a Series B round in which Microsoft, NVIDIA, Parkway VC, Intel Capital, Align Ventures, ARK Investment Management, Amazon Industrial Innovation Fund, OpenAI Startup Fund, Bezos Expeditions, LG Innotek, Samsung Venture Investment, Aliya, Tamarack Global, Boscolo Intervest, and Bold Capital Partners poured their resources. The 2023 Series A round of 79 million attracted the money of Parkway VC, Tamarack Global, FJ Labs, Aliya Capital, Till Reuter, Bold Capital Partners, and Intel Capital (Tracxn).
This milestone is instrumental in opening the next phase of growth for humanoid robots, expanding the Helix artificial intelligence platform and BotQ production. The scaleup’s goal is to bring large-scale humanoid robots into homes and businesses. That is why it is expanding production at BotQ and real-world deployments, enabling robots to support domestic and commercial activities.
Figure will invest such resources in the development of a latest generation GPU infrastructure to accelerate training and simulation. This computing base will power Helix’s core models for perception, reasoning and control. The new capital will also support the launch of advanced data collection initiatives from human video and multimodal sensory input, to improve the way robots understand and operate in complex and dynamic contexts.
