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Figure AI Raises $675M Series B at $2.6B Valuation

Figure AI raises $675M Series B at $2.6B valuation with backing from Bezos, OpenAI, NVIDIA, and Microsoft for humanoid robotics development.

· 2 min read · deals desk ↓ JSON ↓ MD

Humanoid robotics startup Figure AI closed a $675 million Series B round at a $2.6 billion post-money valuation, with backing from Jeff Bezos, OpenAI, NVIDIA, and Microsoft. The company also announced a collaboration with OpenAI to develop next-generation AI models for humanoid robots.

Figure AI has secured $675 million in Series B funding at a $2.6 billion post-money valuation, marking one of the largest robotics funding rounds in recent memory and positioning the humanoid robot startup among the most valuable companies in the sector.

The round attracted a marquee list of investors including Jeff Bezos through Bezos Expeditions, OpenAI, NVIDIA, Microsoft, and Intel Capital. ARK Invest also participated in the funding, signaling broad institutional confidence in Figure’s approach to humanoid robotics.

Beyond the capital infusion, Figure announced a strategic collaboration agreement with OpenAI to develop advanced AI models specifically designed for humanoid robots. This partnership could prove pivotal as the industry grapples with the challenge of creating robots capable of complex reasoning and decision-making in unstructured environments.

Figure AI has been developing general-purpose humanoid robots designed for commercial applications, focusing on tasks that require human-like dexterity and mobility. The company’s robots are intended for deployment in warehouses, manufacturing facilities, and other industrial settings where human workers currently perform repetitive or dangerous tasks.

The funding comes at a critical juncture for the humanoid robotics market, which has seen renewed investor interest following advances in AI and machine learning. The participation of major technology companies like Microsoft and NVIDIA suggests growing confidence that humanoid robots are approaching commercial viability.

The OpenAI collaboration is particularly significant given the AI company’s expertise in large language models and reasoning systems. By integrating OpenAI’s AI capabilities with Figure’s robotics platform, the partnership aims to create robots that can understand and respond to natural language commands while performing complex physical tasks.

For investors, the $2.6 billion valuation reflects expectations that Figure can capture a meaningful share of what many see as a transformative market opportunity. The backing from Bezos, who has experience scaling physical automation through Amazon’s logistics operations, adds credibility to Figure’s commercial prospects.

The funding will likely accelerate Figure’s development timeline and support expanded testing and deployment of its humanoid robots. With major technology partners now aligned and substantial capital in hand, Figure appears positioned to be a key player in bringing humanoid robots from research labs to real-world applications.

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