Social RoboticsApptronik raises $350m Series A for its Apollo humanoid
The Austin start-up's round was co-led by B Capital and Capital Factory, with Google taking part.
Apptronik announced a $350 million Series A to scale production of Apollo, its general-purpose humanoid. B Capital and Capital Factory co-led the round and Google participated, while Google DeepMind is working with the company on robot behaviour models. Chief executive Jeff Cardenas said the target price for Apollo is under $50,000. The deal was one of several large early-2025 bets on humanoids, a category that many expect eventually to share spaces with, and interact directly with, people.
Source: TechCrunch
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