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Apptronik Raises $520 Million in New Funding to Build More Humanoids
Samantha Kelly
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⚡ Quantum Brief
AI-powered humanoid robot maker Apptronik secured $520 million in a new funding round, tripling its valuation to over $5.5 billion in just one year.
The round was led by existing backers Google, Mercedes-Benz, and B Capital, joined by new investors including AT&T Ventures, John Deere, and Qatar Investment Authority.
The funding will accelerate production of Apollo, its flagship humanoid robot designed for logistics, manufacturing, and supply chain automation.
Industrial giants like Mercedes and John Deere signal growing corporate demand for humanoid robots to address labor shortages and efficiency gaps.
This surge in investment reflects broader industry confidence in AI-driven robotics as a transformative force in automation and workforce augmentation.
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Apptronik, a fast-growing startup that makes artificial intelligence-powered humanoid robots, has secured about $520 million in a new funding round that values the company at more than $5.5 billion, around three times its valuation from its initial Series A raise last year.The funding round was led by existing investors including Google, Mercedes-Benz Group AG and B Capital, along with new investors AT&T Ventures, John Deere & Co. and the Qatar Investment Authority. This investment is an
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Source: Bloomberg Technology
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