What is Figure?
Founded in 2022 and headquartered in Sunnyvale, California, Figure is an AI Robotics company dedicated to the development of autonomous general-purpose humanoid robots. The company's core value proposition lies in its ability to deploy sophisticated robotic systems into the workforce, specifically targeting roles that are deemed undesirable, unsafe, or labor-intensive. By focusing on supply chain optimization and general-purpose utility, Figure aims to redefine the relationship between human labor and machine automation on a global scale. Its market position is bolstered by a unique combination of advanced AI research and hardware engineering, allowing it to compete at the forefront of the emerging humanoid robotics industry.
How much funding has Figure raised?
Figure has raised a total of $1.8B across 5 funding rounds:
Series A
$70M
Private Equity
$9M
Other Financing Round
$70M
Series B
$675M
Series C
$1B
Series A (2023): $70M with participation from Parkway Venture Capital, Tamarack Global, and FJ Labs
Private Equity (2023): $9M led by Intel Capital
Other Financing Round (2024): $70M supported by Parkway Venture Capital
Series B (2024): $675M featuring Microsoft, OpenAI, NVIDIA, and LG Innotek
Series C (2025): $1B backed by NVIDIA, Aligned Partners Venture Services, Tamarack Global, Intel Capital, Parkway Venture Capital, Macquarie Investment Management, and Brookfield
Key Investors in Figure
NVIDIA
A global technology leader specializing in the design of GPUs and AI computing solutions that power high-performance machine learning and autonomous systems.
Microsoft
A multinational technology corporation providing cloud services, software, and hardware, with a deep strategic focus on advancing artificial intelligence and enterprise automation.
OpenAI
A premier AI research and deployment organization focused on developing safe and beneficial artificial general intelligence through large-scale models and multimodal technologies.
What's next for Figure?
With the successful completion of its latest funding round, Figure is poised to transition from a research-heavy development phase into a more aggressive commercial deployment strategy. The influx of capital will likely be directed toward enhancing the cognitive capabilities of its humanoid units, optimizing manufacturing processes for mass production, and expanding its footprint in key industrial markets. As the company continues to iterate on its technology, the focus will remain on achieving operational reliability and safety standards required for widespread workforce integration. Future milestones will likely involve strategic partnerships with global logistics and manufacturing leaders to validate the efficacy of its robots in real-world, high-stakes environments.
See full Figure company page
