\n<\/p>\n
Humanoid robotics company Figure raised its largest round of funding yet, a sign of growing investor interest in robots designed to work alongside humans in warehouses, factories, and other settings.<\/p>\n
San Jose, California-based Figure announced on Tuesday that it raised a Series C funding round that values the company at $39 billion. The round, which \u201cexceeded $1 billion,\u201d said Figure, was led by Parkway Venture Capital with participation from Brookfield Asset Management, Nvidia, and Intel Capital, among others. \u00a0<\/p>\n
Figure said the funding will be used to scale the company\u2019s fleet of humanoid robots, build the necessary infrastructure to accelerate robot training, and launch advanced data collection efforts. \u00a0<\/p>\n
The company has raised nearly $2 billion in funding since its 2022 founding. <\/p>\n
Earlier this year, Figure CEO Brett Adcock claimed that Figure was the most \u201csought-after\u201d stock on the private market. But the company has also been sending cease-and-desist letters to multiple secondary stock market brokers, telling TechCrunch in April that it sends such letters when a broker isn\u2019t authorized to sell its shares.\u00a0<\/p>\n
TechCrunch has reached out to Figure for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"
Humanoid robotics company Figure raised its largest round of funding yet, a sign of growing investor interest in robots designed to work alongside humans in warehouses, factories, and other settings. San Jose, California-based Figure announced on Tuesday that it raised a Series C funding round that values the company at $39 billion. The round, which<\/p>\n","protected":false},"author":1,"featured_media":21729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[13332,13331,116,1193,2243,6730],"class_list":{"0":"post-21728","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-39b","9":"tag-figure","10":"tag-funding","11":"tag-latest","12":"tag-reaches","13":"tag-valuation"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/21728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21728"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/21728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/21729"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}