Apptronik Secures $520 Million Funding, Valuation Exceeds $5.5 Billion for Humanoid Robotics Expansion
Apptronik has raised $520 million in a funding round led by Google, Mercedes-Benz, and new investors like AT&T Ventures, bringing its total Series A funding to over $935 million. The Austin-based company's valuation now exceeds $5.5 billion, driven by increased investor interest in humanoid robotics. Apptronik plans to use this capital to enhance production of its humanoid robot, Apollo, and expand its deployment network. This funding follows a $415 million raise in February 2025, with total funding since inception nearing $1 billion.
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Apptronik has raised $520 million in a Series A funding extension, totaling over $935 million raised to date. The funding round, which includes investments from Google, Mercedes-Benz, AT&T Ventures, and John Deere, values the company at more than $5.5 billion.
Following substantial investor interest, Apptronik expanded this round from an earlier $415 million raise in February 2025. The capital will be used to boost production of its humanoid robot, Apollo, and to expand its global deployment network. The company aims for initial applications in logistics and manufacturing, with future plans for healthcare and home use.
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