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ApptronikGeneral-purpose humanoid robot Apollo for manufacturing and logistics
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
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 |
| 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 |
Series A investor (Mar 2025); Apollo in Germany and Hungary plants
Series A & Series A Extension co-lead; Gemini Robotics AI integration
Multi-phase R&D pilot, US distribution center deployment
Manufacturing partner pilot
Series A Extension participant; agricultural/industrial exploration
Series A Extension participant
Series A Extension participant
Series A via RyderVentures
Spin-out from UT Austin Human Centered Robotics Lab by Jeff Cardenas, Nick Paine, and team
First general-purpose humanoid revealed publicly
Apollo deployed in Mercedes manufacturing plants in Germany and Hungary
Multi-phase R&D initiative with GXO Logistics; manufacturing pilot with Jabil
Strategic partnership integrating Gemini Robotics AI into Apollo
$350M initial + $53M oversubscription, including Mercedes-Benz strategic investment
Real-world tasks: tote handling, parts moves, assembly assist, quality checks
B Capital and Google co-lead extension; ramp to commercial deployments
Apollo humanoid robot for manufacturing. $935M+ raised at $5.5B valuation. Mercedes-Benz pilot. Apptronik was founded in 2016, is headquartered in Austin, TX and employs ~300.
Apptronik has raised ~$935M (Series A inclusive of extension) in total at a $5–5.5B valuation, based on the funding rounds Sterling tracks.
Sterling groups Apptronik in the Humanoid Robots sector, alongside Tesla (Optimus), Figure AI (private), Agility Robotics (private), 1X Technologies (private), Boston Dynamics (HYUNDAI) and Sanctuary AI (private).
If you are researching Apptronik, also look at Tesla (Optimus), Boston Dynamics (HYUNDAI) and UBTECH Robotics (9880.HK). You can compare all of them side by side or browse the full Humanoid Robots sector on Sterling.
