Figure AIRegister for a premium account to gain access to Sterling AI.
Get StartedThings you can ask Sterling:
Units Shipped (Figure 03)
350+
Through May 2026, 24x throughput in 120 days
Valuation
$39B
15x in 18mo
BotQ Initial Capacity
12,000/yr
Targeting 100,000/yr
BMW Cars Assisted
30,000+
Spartanburg X3 production
Total raised: ~$2.7B · Latest valuation: $39B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Seed | May 2023 | $70M | - | Parkway VCAliya CapitalBold Capital |
| Series B | Feb 2024 | $675M | $2.6B | MicrosoftOpenAI Startup FundNVIDIAJeff Bezos (Explore Investments)+4 more |
| Series C | Sep 2025 | $1B+ | $39B (post-money) | Parkway Venture Capital (lead)Brookfield Asset ManagementNVIDIAMacquarie Capital+7 more |
| Spec | Figure 02 (legacy) | Figure 03 (current) |
|---|---|---|
| Type | Industrial humanoid | Home/general-purpose humanoid |
| Height | ~5'6" (167cm) | ~5'8" (173cm) |
| Weight | ~70kg | ~61kg (9% lighter) |
| Payload | 20kg | 20kg |
| Battery | ~5 hr runtime | 5 hr, wireless charging |
| Actuators | Standard | 2x faster vs Figure 02 |
| AI | Helix VLA (onboard) | Helix VLA (onboard) |
| Mobility | Bipedal | Bipedal |
| Target Price | - | ~$20K (consumer target) |
| Status | Retired from new shipments | In BotQ production |
Spartanburg pilot completed: 30,000+ X3s assisted, 10-hour shifts, 5 days/week. Evaluating Figure 03 for further deployment.
Series B & C; GPU infrastructure for training/simulation
Series B participant
Series C participant; access to global real estate data for home robotics training
Series C participant
Series C participant via Qualcomm Ventures
Series B & C
Brett Adcock founds Figure AI in Sunnyvale, CA
First humanoid robot prototype demonstrated
Major round at $2.6B with Microsoft, OpenAI, NVIDIA, Jeff Bezos, Intel Capital
Figure 01 conversational demo using OpenAI models goes viral
Second-generation humanoid replacing Figure 01
Figure ends OpenAI collaboration; pivots fully to in-house Helix VLA
First in-house Vision-Language-Action model running onboard embedded GPUs
Dedicated humanoid manufacturing facility opens with 12,000 unit/yr initial capacity
15x valuation increase in 18 months, led by Parkway VC and Brookfield
Figure 02 contributes to 30,000 BMW X3s, 10-hour shifts, 5 days/week, ~10 months
Third-generation humanoid optimized for the home, 5'8", 61kg, 20kg payload, 5hr battery, $20K target
BotQ scales from 1 robot/day to 1 robot/hour; 350+ Figure 03 units shipped by May 2026
BMW announces extension of physical-AI program to Plant Leipzig
Figure 02/03 humanoid robots deployed at BMW factories. $39B valuation, $1.9B total funding. Figure AI was founded in 2022, is headquartered in San Jose, CA and employs ~700.
Figure AI has raised ~$2.7B in total at a $39B valuation, based on the funding rounds Sterling tracks.
Sterling groups Figure AI in the Humanoid Robots sector, alongside Tesla (Optimus), Agility Robotics (private), Apptronik (private), 1X Technologies (private), Boston Dynamics (HYUNDAI) and Sanctuary AI (private).
If you are researching Figure AI, 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.
