Apptronik Raises $935M Series A to Scale Apollo Humanoid Robot

Austin-based Apptronik has closed a $935 million Series A round, making it one of the largest single funding rounds in robotics history. The latest $520 million extension came from existing investors Google, Mercedes-Benz, and B Capital, alongside new investors, at a valuation of approximately $5 billion — roughly three times the prior Series A valuation.

What the Money Is For

Apptronik plans to use the capital to:

1. Ramp manufacturing of the Apollo humanoid robot
2. Broaden commercial deployments in logistics and manufacturing
3. Build new facilities for robot training and data collection
4. Launch a next-generation robot platform later in 2026

The Apollo Robot

Apollo is a general-purpose humanoid designed for warehouse and manufacturing environments. Key specs include:

• Height: 5’8” (173 cm)
• Weight: 160 lbs (73 kg)
• Payload: 55 lbs (25 kg)
• Battery: 4+ hours continuous operation
• Target applications: Logistics, palletizing, manufacturing

Strategic Partnerships

The funding validates Apptronik’s enterprise-first strategy:

• Google DeepMind: Collaboration on embodied AI — robots that perceive environments and take physical actions based on reasoning
• Mercedes-Benz: Pilot deployments in automotive manufacturing
• GXO Logistics: Testing in warehouse environments

The Funding Landscape

Apptronik’s round is part of a record-breaking year for humanoid robotics investment:

Company	2025-2026 Funding	Valuation
Figure AI	$2.6B total	$39B
Apptronik	$935M Series A	$5B+
1X Technologies	$350M+ total	~$1.5B
Physical Intelligence	$400M Series A	$2.4B

The concentration of capital in a handful of humanoid companies suggests the market believes only a few players will capture the majority of value — similar to the consolidation patterns seen in autonomous vehicles.

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