According to the Bloomberg report the latest update of the Silicon Valley-based robotics startup figure AI is in talks to raise a massive $1.5 billion round at a $39.5 billion valuation. The whopping 15 times higher than the figure’s $2.6 billion post-money valuation for its $675 million Series B in the last year. The figure’s current round is expected to be led by Align Venture and Parkway Venture Capital.
The figure building the humanoid robots for commercial and residential goals. Humanoid robots are available in all ranges thanks to the AI boom. The Austin-based Apptronik just increased $350 million hence the Meta is also reportedly looking to get into robotics.
BMW has already purchased some robots from Figure. Last month, Brett Adcock, the company’s creator, announced that Figure has added a second (unnamed) commercial client and sees the possibility of shipping 100,000 humanoid robots.
Figure chose not to respond.
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