Apptronik expands humanoid robot production with new investment
A major investment has propelled Apptronik forward in the race to develop humanoid robots.
AI robotics company Apptronik has raised $350 million in a funding round led by B Capital and Capital Factory, with participation from Google. The Texas-based firm is focused on scaling production of Apollo, its humanoid robot designed to perform warehouse and manufacturing tasks such as moving packages and handling logistics.
Apptronik is competing with major players like Tesla and Figure AI in the rapidly advancing field of humanoid robotics, where artificial intelligence is driving new breakthroughs. CEO Jeff Cardenas compared this moment in robotics to the rise of large language models in 2023, predicting that 2025 will see significant developments in automation.
The company plans to expand Apollo’s capabilities into other industries, including elder care and healthcare. It has also partnered with Google DeepMind’s robotics team and secured commercial agreements with Mercedes-Benz and GXO Logistics, positioning itself as a key player in the evolving robotics landscape.
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