Apptronik, an AI-powered robotics company, announced it has closed a $520 million Series A-X extension round, bringing its total Series A funding to more than $935 million and total capital raised to nearly $1 billion. The latest round includes participation from existing investors such as B Capital, Google, Mercedes-Benz, and PEAK6, as well as new investors AT&T Ventures, John Deere, and Qatar Investment Authority.
The Series A-X extension follows a $415 million oversubscribed initial Series A round in 2025. After announcing the initial raise, the company reported significant inbound investor interest, prompting it to open an extension at a 3x multiple of its original Series A valuation, reflecting continued confidence in its vision for AI-powered humanoid robots designed to work alongside people.
With the new capital, Apptronik plans to scale production of its humanoid robot, Apollo, and expand its global footprint across commercial and pilot deployments. The funding will help accelerate time-to-market, support new use cases across retail, manufacturing, and logistics customers, and fund the development of advanced facilities for robot training and data collection. The company also plans to continue advancing its human-centered design approach and debut a new robot in 2026.
Apollo is designed to transform human-robot collaboration, beginning with critical industries such as manufacturing and logistics. The robot is designed to handle physically demanding, labor-intensive operational processes, including transporting components, sorting, and kitting, while working alongside human teams. Future applications are planned for retail, healthcare, and eventually in-home environments.
Apptronik has formed partnerships with major global brands, including Mercedes-Benz, GXO Logistics, and Jabil. The company also maintains a strategic partnership with Google DeepMind to develop next-generation humanoid robots powered by Gemini Robotics.
Founded out of the Human Centered Robotics Lab at the University of Texas at Austin, Apptronik has developed 15 previous robots, including NASA’s Valkyrie robot. The company now employs nearly 300 people and continues to position itself at the forefront of embodied AI and humanoid robotics innovation.
KEY QUOTES
“Today’s investment is a strong vote of confidence in our mission to deliver humanoid robots that are designed to work alongside humans, not just as tools but as trusted collaborators. With the backing of our longstanding investors and strategic partners, we’re poised to unveil the newest version of Apollo and maximize the impact of embodied AI across industries. Together, we’re transforming work flows, reimagining factory floors, and writing a new chapter for next-generation humanoid robots that are designed and built to drive meaningful societal progress.”
Jeff Cardenas, Co-Founder And CEO, Apptronik
“Apptronik is setting the standard in embodied AI at scale. At this pivotal moment, we’re proud to deepen our support as the team accelerates production and real-world deployment of AI-powered collaborators designed to work alongside people and reshape manufacturing, logistics and other mission-critical industries.”
Howard Morgan, Chair And General Partner, B Capital
