Apptronik Secures $520 Million Funding to Advance Humanoid Robot Production

TLDR

• Apptronik raised $520M, bringing its Series A round to $935M for Apollo robot production.
• Apollo robots are deployed in factories and warehouses with partners like Mercedes-Benz and GXO Logistics.
• Apptronik’s robots will collaborate safely with humans for tasks like lifting, sorting, and transporting.
• The company faces competition from Tesla’s Optimus and Chinese humanoid developers like Unitree and Agility.
• Apptronik plans to expand its presence and begin fulfilling robot orders in 2027, with $1B in projected demand.

Apptronik, a robotics startup based in Austin, Texas, has raised $520 million in funding, bringing its Series A round to $935 million. The new capital will help the company refine and mass-produce its Apollo humanoid robots, aiming to lead the market ahead of competitors such as Tesla and Chinese developers.

Apollo Robots in Early Deployment

Apptronik’s Apollo robots are already deployed in several factories and warehouses under strategic partnerships with companies like Mercedes-Benz, GXO Logistics, and Jabil. These robots operate within predefined areas using sensors and light curtains to ensure safe interaction with human workers.

The robots pause when a human crosses into their operational space, with plans for more advanced collaborative capabilities. CEO Jeff Cardenas stated that the Apollo robots will eventually be able to work alongside humans safely, performing tasks such as lifting, sorting, and transporting components.

This technology aims to make the robots more adaptable to dynamic factory environments. Apptronik believes that the versatility of humanoid robots will provide immense value by enabling a single robot to perform multiple tasks.

Apptronik AI Competition and Industry Growth

Apptronik faces stiff competition from other humanoid robot developers, including Tesla’s Optimus project and Chinese companies like Unitree and Agility Robotics. While Tesla has invested heavily in its robot development, its humanoid project remains in early-stage research.

Apptronik, however, has made strides in refining its Apollo robots, with its partnerships already demonstrating the robots’ practical applications in industrial settings. The recent funding and partnership with Google DeepMind mark major milestones for Apptronik.

Google’s Gemini Robotics AI models are now enhancing the Apollo robots’ capabilities, enabling faster, more efficient operations. Apptronik’s CEO refrained from making specific predictions about the robot’s future production timelines but indicated that they will continue refining their technology in the coming months.

The company also plans to expand its presence in Austin and open a new office in California later this year. Apptronik is focused on preparing its robots and facilities for mass production, with expectations to fulfill orders starting in 2027. B Capital’s Howard Morgan is optimistic about the future, predicting that demand for the Apollo robots will reach $1 billion in orders within a few years.

The post Apptronik Secures $520 Million Funding to Advance Humanoid Robot Production appeared first on Blockonomi.