Overview
- Apptronik, based in Austin, Texas, raised $350 million in a Series A funding round co-led by B Capital and Capital Factory, with participation from Google.
- The funding will support the scaling of Apollo, Apptronik's humanoid robot, initially targeting industrial sectors like logistics and manufacturing.
- Apptronik has partnered with Google DeepMind to integrate advanced AI into Apollo, enhancing its capabilities for real-world tasks.
- The company plans to expand its workforce by 50% and ramp up production to meet growing demand from clients including Mercedes-Benz and GXO Logistics.
- Apptronik envisions future applications for Apollo in areas like eldercare and home assistance, though current efforts remain focused on industrial use cases.