Figure AI Raises Series C Funding Toward Humanoid Robot Development

Nov 21

Figure AI is a robotics company developing AI-powered, bipedal humanoid robots for tasks in manufacturing, logistics, and homes to address labor shortages.

Figure, a robotics company developing AI-powered humanoid robots, has announced it has surpassed $1 billion in committed capital following its Series C round, bringing its post-money valuation to $39 billion. The funding will be used to expand production manufacturing, build GPU infrastructure, and launch advanced data collection.

The Robot Report: Figure AI passes $1B with Series C funding toward humanoid robot development

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Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/

Figure AI Raises Series C Funding Toward Humanoid Robot Development

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