Google joins $350 million funding round for humanoid robotics company Apptronik.

By Jerry  Published On February 14, 2025

Tesla robotics development rival Apptronik announced a $350 million Series A funding round Thursday morning to scale the production of artificial intelligence-powered humanoid robots.

The funding round was co-led by B Capital and Capital Factory, and included backing from Google, CEO Jeff Cardenas said in an exclusive “Squawk Box” interview Thursday.

Apptronik, a Texas-based robotics developer founded in 2016, previously raised $28 million and is currently working on deploying what the company calls a “groundbreaking” humanoid robot designed for industrial work named Apollo.
The new funding will allow the company to scale its robot development to potentially address applications such as manufacturing and health care. The robots will be trained separately from humans on repetitive tasks, Cardenas said, before they begin integrating into human life.
Apptronik has partnered with NASA and Nvidia as it works on iterations of robots that rival those of Elon Musk’s Tesla Optimus. The company has developed 15 robotic systems, including NASA’s humanoid robot Valkyrie.
Source: CNBC

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