Apptronik raises $350 million with Google
2025-02-13 · Publisher : Apptronik · Domain : Robotics
Apptronik, maker of the Apollo humanoid, announces a $350 million Series A co-led by B Capital and Capital Factory, with Google taking part, to scale up production.
What changes
- $350 million Series A, co-led by B Capital and Capital Factory.
- Google takes part, consistent with the research partnership with Google DeepMind.
- Apptronik had previously raised only $28 million.
- Goal: industrialise Apollo and eventually sell robots for the price of a car.
### Background On 13 February 2025, Apptronik, a Texas company founded in 2016 and maker of the Apollo industrial humanoid, announced a $350 million Series A. The round was co-led by B Capital and Capital Factory, with Google taking part. Until then, the company had raised only $28 million. CEO Jeff Cardenas said the money would scale up production and development of AI-powered robots, with the long-term ambition of selling them for the price of a car. ### Deal details | Item | Detail | |---|---| | Amount | $350 million (Series A) | | Lead investors | B Capital, Capital Factory | | Notable investor | Google | | Prior funding | $28 million | ### Why it matters With Google on board, Apptronik joins the small group of US humanoid makers funded with hundreds of millions of dollars, alongside Figure. The round was later extended to $403 million in March 2025, then topped up with $520 million in February 2026. ### Key takeaway This is the financial base that enabled the Apollo 2 unveiling in June 2026.
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Tags : Financement, Humanoïde, États-Unis, Industrie, Google