Figure announces $70M Series A to support commercialization of Figure 01 humanoid robot
SUNNYVALE, Calif, May 24, 2023 /PRNewswire/ — Figure, an AI Robotics company building general purpose humanoid robots, today announced its $70 million Series A funding round. This new funding will be used to accelerate the development of Figure 01 (the company’s autonomous humanoid robot), build out Figure’s AI data pipeline for autonomous operations, and drive towards commercialization. The round is led by Parkway Venture Capital and joined by participating investments from Brett Adcock, Aliya Capital, Bold Capital Partners, Tamarack Global, FJ labs, and KUKA Robotics CEO Till Reuter. This funding news comes on the heels of Figure’s emergence from stealth.