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The race to build the next breakthrough in humanoid robots continues to accelerate. And now, Apptronik has raised a fresh pile of cash to try to be on the leading edge of it.
What’s happening:
- Humanoid robotics startup Apptronik has raised $350M USD in a new Series A financing round
- The new funding round was led by prominent venture capital funds B Capital and Capital Factory
By the numbers:
- Apptronik has now raised a total of $378M USD in venture capital funding since inception
Why it matters:
- This is one of the largest ever financing rounds for a startup developing technology and hardware for humanoid robots
Going deeper:
- Google (NASDAQ: GOOG) also participated in the recent financing round, which closely follows the highly notable artificial intelligence technology partnership between Apptronik and Google DeepMind
- Apptronik has already struck multiple notable partnerships around their robotics technology, including deals with Mercedes-Benz, Nvidia (NASDAQ: NVDA) and even NASA
