Series B · Robotics
Figure announces $675 million Series B for humanoid robot development
The February 2024 financing backed commercial deployment and accompanied an AI collaboration with OpenAI.
Figure announced a $675 million Series B on 29 February 2024, valuing the robotics company at about $2.6 billion after the investment.
Participants included Microsoft, OpenAI Startup Fund, NVIDIA, Amazon Industrial Innovation Fund, Bezos Expeditions, Parkway Venture Capital, Intel Capital, Align Ventures and ARK Invest.
The company planned to accelerate commercial deployment of its humanoid robots. Alongside the financing, Figure announced a collaboration with OpenAI to develop AI models for humanoid systems, including more natural interaction through language.
Use of funds
Accelerate humanoid robot development and commercial deployment
Funding history
Series B · This round$675M