Humanoid Robot Startup Apptronik Has Now Raised $935M At A $5B+ Valuation

Apptronik secures $935M at $5.3B valuation to accelerate humanoid robots for logistics and manufacturing with Google DeepMind.

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Humanoid Robot Startup Apptronik Has Now Raised $935M At A $5B+ Valuation

Apptronik Raises $935M at $5.3B Valuation Apptronik has raised $935 million in an expanded Series A round, achieving a $5.3 billion post-money valuation as demand surges for its humanoid robots designed for warehouse and factory work. The Austin-based startup—spun out of the University of Texas—originally closed a $350 million Series A one year ago but reopened the round due to overwhelming investor interest. Google, Mercedes-Benz, and B Capital led the latest $520 million extension, paying progressively higher prices that tripled the company's initial $1.75 billion Series A valuation. Credit: Apptronik Unlike competitors racing through funding stages, Apptronik deliberately kept this as a single Series A despite the massive capital influx. The company remains in early commercialization phases and wasn't actively fundraising—instead responding to inbound demand from strategic partners betting on embodied AI's near-term viability. With robotics development requiring immense ca…

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