Figure AI

Figure AI Raises $1B Series C in Latest Funding Round

Figure AI has successfully closed a $1B Series C funding round, marking a significant milestone in the company's growth trajectory. The round was led by Parkway Venture Capital, with participation from Brookfield Asset Management, NVIDIA, Macquarie Capital, Intel Capital, Align Ventures, Tamarack Global, LG Technology Ventures, Salesforce, T-Mobile Ventures, Qualcomm Ventures.

Company Overview

Founded in 2022 and headquartered in Sunnyvale, CA, Figure AI has established itself as a leader in the robotics space. Humanoid robotics company developing general-purpose robots for commercial deployment in warehouses, manufacturing, and logistics operations

With a current valuation of $39B, the company has demonstrated strong market traction and investor confidence. The organization currently employs 200-500 people and continues to scale its operations.

Investment Details

Funding Round Highlights

• Amount Raised: $1B Series C
• Valuation: $39B
• Lead Investor: Parkway Venture Capital
• Round Type: Series

Key Investors

The funding round saw participation from several notable investors:

• Parkway Venture Capital: Early-stage venture capital firm focused on AI and robotics companies
• Brookfield Asset Management: Global alternative asset manager with over $850 billion in assets
• NVIDIA: Leading AI computing company and strategic investor in AI infrastructure
• Macquarie Capital: Global financial services provider and investment banking division of Macquarie Group
• Intel Capital: Strategic venture capital arm of Intel Corporation investing in innovative technologies
• Align Ventures: Venture capital firm focused on early and growth-stage technology companies
• Tamarack Global: Investment firm specializing in growth equity and technology companies
• LG Technology Ventures: Strategic venture capital arm of LG Group investing in innovative technologies
• Salesforce: Leading enterprise cloud software company and strategic technology investor
• T-Mobile Ventures: Strategic investment arm of T-Mobile focusing on telecommunications and technology
• Qualcomm Ventures: Strategic venture capital arm of Qualcomm investing in wireless and semiconductor technologies

Market Context

The Robotics sector continues to attract significant investor interest, with companies focusing on automation, AI integration, and operational efficiency seeing particularly strong funding activity. This investment reflects the growing demand for innovative solutions in this space.

Growth Strategy

With this latest funding, Figure AI plans to:

• Accelerate product development and innovation
• Expand market reach and customer acquisition
• Scale engineering and go-to-market teams
• Strengthen competitive positioning in the robotics market

Industry Impact

Figure AI's funding round represents the continued evolution of the robotics industry, where technology-driven solutions are becoming increasingly critical for business success. The company's approach to advancing automation and physical AI through humanoid robotics technology positions it well for future growth.

Future Outlook

As Figure AI moves forward with its expanded funding, the company is well-positioned to capitalize on market opportunities and drive innovation in the robotics space. Industry experts expect continued growth and potential for additional strategic partnerships.

The investment validates the company's business model and growth potential, setting the stage for the next phase of expansion and market leadership.