With over $1 billion raised in Series C, Figure plans to expand its robot fleet and accelerate AI training for real-world labor tasks
Figure Secures Largest Round Yet, Now Valued at $39 Billion
Figure, the fast-growing humanoid robotics startup, has closed a Series C funding round exceeding $1 billion, pushing its valuation to an eye-popping $39 billion. The San Jose-based company says the funding marks a major step toward scaling its humanoid robots for real-world applications in warehouses, factories, and industrial environments.
- The round was led by Parkway Venture Capital, with participation from Brookfield Asset Management, Nvidia, and Intel Capital.
- Since its founding in 2022, Figure has raised nearly $2 billion in total funding.
- The company’s robots are designed to work safely and intelligently alongside humans, filling labor gaps in physical industries.
Aiming to Scale the Workforce — with Robots
Figure plans to use the new capital to:
- Expand its humanoid robot fleet across industrial and logistics sectors.
- Build infrastructure for rapid deployment and training of robots.
- Enhance AI-driven data collection and simulation, key to improving robot autonomy and adaptability.
CEO Brett Adcock has described Figure as “the most sought-after stock on the private market,” a reflection of growing investor excitement around physical AI agents.
Private Market Frenzy and Broker Crackdowns
While Figure’s rise has generated buzz among investors, the company has also taken legal action against unauthorized secondary market trading.
- In April, Figure confirmed it had sent cease-and-desist letters to several private equity brokers attempting to sell its shares.
- The company emphasized that only approved transactions are permitted, reinforcing tight control over its equity.
This underscores both the high demand for access to Figure’s stock and the company’s guarded approach to shareholder management.
Positioned at the Center of the AI + Robotics Boom
Figure’s technology exists at the intersection of robotics and artificial intelligence, two sectors seeing massive investment in 2025.
- Backers like Nvidia and Intel bring more than capital — they offer critical AI infrastructure and chip support.
- The robotics market is forecasted to exceed $200 billion globally by 2030, with humanoid robots representing a key segment for labor automation.
- Figure is competing with startups like Agility Robotics and Sanctuary AI, as well as tech giants building general-purpose physical agents.
With its latest valuation and funding, Figure has leapfrogged competitors and positioned itself as a market leader in humanoid robotics.
