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3w ago

Figure AI Raises Over $1 Billion in Series C at a $39 Billion Valuation

A Parkway-led investor roster signals a push toward industrial-scale humanoid production.

The humanoid robot Figure 01 is demonstrated at Figure AI's test facility in Sunnyvale, Calif., in 2023.
Figure lands $1 billion investment, values itself at $39 billion, and says it aims for robots with human-level smarts.
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Screenshot for Figure AI Raises $1B as the Humanoid Robot Race Heats Up

Overview

  • The Series C topped $1 billion and set a $39 billion post-money valuation, the year’s largest robotics raise according to Crunchbase data.
  • Investors include lead backer Parkway Venture Capital alongside NVIDIA, Intel Capital, LG Technology Ventures, Salesforce, Qualcomm, Brookfield and other firms.
  • Figure plans to expand Helix AI training on NVIDIA GPUs, step up real-world data collection, and scale BotQ manufacturing for wider deployment.
  • The valuation marks a sharp rise from about $2.6 billion last year, when Figure raised $675 million from backers such as Microsoft and Jeff Bezos.
  • Reporting highlights both a funding upswing for robotics in 2025 and persistent hurdles for humanoids, including data bottlenecks, battery endurance, dexterity and safety.