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Apptronik has raised $520 million in a Series A-X funding round, increasing its total Series A funding to over $935 million. Key investors include B Capital, Google, Mercedes-Benz, and the Qatar Investment Authority.

This funding elevates Apptronik's valuation to over $5 billion, tripling its initial Series A valuation. The company will use the capital to ramp up production of its humanoid robot Apollo and expand its commercial deployment globally.

Apptronik has established partnerships with major companies like Mercedes-Benz and Google DeepMind for developing next-generation humanoid robots. Apollo is currently utilized in manufacturing and logistics while future applications include retail and home use.