Insider Brief
- Apptronik closed a $520 million Series A-X extension, bringing its total Series A financing to more than $935 million and total capital raised to nearly $1 billion as it scales production of its Apollo humanoid robot.
- The round included returning investors such as B Capital, Google and Mercedes-Benz, along with new backers including AT&T Ventures, John Deere and the Qatar Investment Authority.
- Apptronik plans to use the capital to ramp manufacturing, expand commercial deployments in logistics and manufacturing, invest in robot training and data facilities, and advance its partnership with Google DeepMind on next-generation humanoid systems.
Austin-based humanoid robotics startup Apptronik has raised a $520 million Series A-X extension round, bringing its total Series A financing to more than $935 million and total capital raised to nearly $1 billion.
According to Apptronik, the round included existing investors such as B Capital, Google, Mercedes-Benz and PEAK6, along with new backers including AT&T Ventures, John Deere and the Qatar Investment Authority.
The extension follows a $415 million Series A announced in 2025. Apptronik said continued investor demand led it to reopen the round at a valuation roughly three times higher than the initial Series A.
What are Apptronok’s Plans for the New Capital?
The fresh funding will be used to ramp production of Apollo, the company’s humanoid robot, and expand commercial and pilot deployments globally. Apptronik plans to invest in new facilities for robot training and data collection as it works to shorten time to market and address use cases across manufacturing, logistics and retail. A next-generation robot platform is slated for debut in 2026.
Apptronik has signed partnerships with GXO Logistics and Jabil, in addition to Mercedes-Benz. It also maintains a strategic partnership with Google DeepMind to develop humanoid systems powered by Gemini Robotics.
“Today’s investment is a strong vote of confidence in our mission to deliver humanoid robots that are designed to work alongside humans, not just as tools but as trusted collaborators,” co-founder and CEO Jeff Cardenas said in the announcement. “With the backing of our longstanding investors and strategic partners, we’re poised to unveil the newest version of Apollo and maximize the impact of embodied AI across industries. Together, we’re transforming work flows, reimagining factory floors and writing a new chapter for next-generation humanoid robots that are designed and built to drive meaningful societal progress.”
Apollo is designed to handle physically demanding tasks such as transporting components, sorting and kitting in industrial settings, working alongside human employees, according to Apptronik. The company, which spun out of the Human Centered Robotics Lab at the University of Texas at Austin, has grown to nearly 300 employees and builds on nearly a decade of humanoid development, including work on NASA’s Valkyrie robot.
