Apptronik
General-purpose humanoid robot Apollo for manufacturing and logistics
Austin, TX~300Founded 2016~$935M (Series A inclusive of extension) raised$5–5.5B valuationapptronik.com
SectorsHumanoid Robots
Total Raised
~$935M
Series A inclusive of extension
Valuation
$5–5.5B
~3x in 1yr (Mar 2025 → Feb 2026)
Employees
~300
Active Pilots
Mercedes-Benz, GXO, Jabil
Funding History
Total raised: ~$935M (Series A inclusive of extension) · Latest valuation: $5–5.5B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Series A (initial) | Feb 2025 | $350M | — | B Capital (lead)Capital Factory (lead)Google |
| Series A (close) | Mar 2025 | $53M (oversubscription) | — | Mercedes-BenzJapan Post CapitalARK InvestHelium-3+3 more |
| Series A Extension | Feb 2026 | $520M | $5–5.5B | B Capital (co-lead)Google (co-lead)Mercedes-Benz GroupAT&T Ventures+2 more |
Product Specifications
| Spec | Apollo |
|---|---|
| Type | General-purpose bipedal humanoid |
| Height | 5'8" (~173cm) |
| Weight | ~73kg (160 lb) |
| Payload | ~25kg (55 lb) |
| Battery | ~4 hr swappable pack |
| AI | Google DeepMind Gemini Robotics integration |
| Target | Logistics, manufacturing, assembly, quality checks |
| Status | Pilot deployments; commercial scale-up in 2026 |
Partnerships & Investors
Mercedes-BenzInvestor & Customer
Series A investor (Mar 2025); Apollo in Germany and Hungary plants
Google / DeepMindInvestor & Strategic
Series A & Series A Extension co-lead; Gemini Robotics AI integration
GXO LogisticsCustomer
Multi-phase R&D pilot, US distribution center deployment
JabilCustomer
Manufacturing partner pilot
John DeereInvestor
Series A Extension participant; agricultural/industrial exploration
AT&T VenturesInvestor
Series A Extension participant
Qatar Investment AuthorityInvestor
Series A Extension participant
Ryder SystemInvestor
Series A via RyderVentures
Key Milestones
2016
Company Founded
Spin-out from UT Austin Human Centered Robotics Lab by Jeff Cardenas, Nick Paine, and team
Aug 2023
Apollo Unveiled
First general-purpose humanoid revealed publicly
2024
Mercedes-Benz Pilot
Apollo deployed in Mercedes manufacturing plants in Germany and Hungary
2024
GXO/Jabil Pilots
Multi-phase R&D initiative with GXO Logistics; manufacturing pilot with Jabil
Mar 2025
Google DeepMind Partnership
Strategic partnership integrating Gemini Robotics AI into Apollo
Mar 2025
$403M Series A Closes
$350M initial + $53M oversubscription, including Mercedes-Benz strategic investment
2025
Apollo at GXO + Mercedes Production
Real-world tasks: tote handling, parts moves, assembly assist, quality checks
Feb 2026
$520M Extension at $5–5.5B
B Capital and Google co-lead extension; ramp to commercial deployments