Figure Raises Over $1B to Scale Humanoid Robotics

• Figure closed a Series C round exceeding $1 billion at a $39 billion valuation.
• The funds will drive robot production, strengthen AI systems, and support real‑world deployments.

Figure has raised over $1 billion in Series C funding, putting its valuation at $39 billion. The round was led by Parkway Venture Capital, with participation from NVIDIA, Brookfield Asset Management, Intel Capital, and others. "This milestone is critical to unlocking the next stage of growth for humanoid robots," said Brett Adcock, Founder and CEO of Figure, in the announcement.

Helix, the company’s AI system for embodied intelligence, recently learned to fold towels and load a dishwasher by training on new data, without modifying its architecture. These demos showed the system sorting dishes, handling fragile items, and recovering from errors. The new capital will accelerate Helix’s training using high-performance compute and large-scale video and sensory data.

Figure is now focused on scaling robot production at its BotQ facility and deploying humanoid robots in real-world settings. The goal is to validate performance across both home and commercial environments as the company pushes toward broader integration.

🌀Tom’s Take:

A $1B raise signals growing investor confidence that humanoid robots are no longer speculative. They’re strategic.

Source: PR Newswire / Figure