Apptronik raised $520M extending its Series A to $935M at a $5.5B+ valuation. The Austin startup builds Apollo humanoid robots for industrial use.
Apptronik raised $520 million in a Series A extension in February 2026, bringing its total Series A to over $935 million and valuing the company at over $5.5 billion. Investors include Google and Mercedes-Benz. The Austin, Texas-based company builds the Apollo humanoid robot for industrial and commercial applications, competing with Tesla Optimus and Chinese robotics firms.
This company has completed 3 funding rounds. Current round is highlighted.
Total Raised
$935M
Top Valuation
$5.5B
Apptronik raised $520 million in a Series A extension, bringing the total Series A to over $935 million.
Apptronik is valued at over $5.5 billion, roughly tripling its previous valuation.
Investors include Google and Mercedes-Benz, along with existing backers.
Apptronik builds the Apollo humanoid robot for industrial and commercial applications, headquartered in Austin, Texas.
Apptronik competes with Tesla Optimus, Figure AI, and several Chinese robotics companies in the humanoid robot market.
Apptronik, the Austin, Texas-based humanoid robotics company, raised $520 million in a Series A extension in February 2026. This brings the total Series A funding to over $935 million, following an oversubscribed $415 million Series A in 2025. The round values Apptronik at over $5.5 billion, roughly tripling its previous valuation.
The extension attracted both existing and new investors, including Google and Mercedes-Benz. The strong investor interest reflects growing confidence in the commercial viability of humanoid robots.
Apptronik develops the Apollo humanoid robot, designed for industrial and commercial use cases. The company aims to beat both Chinese competitors and Tesla's Optimus robot to market with a commercially viable humanoid platform.
The round comes amid record funding for robotics companies. The humanoid robot market is heating up rapidly, with major players including Tesla, Figure AI, and several Chinese startups all racing to commercialize general-purpose humanoid robots for warehouses, factories, and other applications.