Figure raises $70M to commercialize humanoids
Figure, a Calif.-based company building general-purpose humanoids, has closed $70 million in Series A funding. The company, founded by Brett Adcock, will use the funding to develop its Figure 01 humanoid, build out its AI data pipeline for autonomous operations and drive towards commercialization.
The round was led by Parkway Venture Capital and joined by participating investments from Adcock, Aliya Capital, Bold Ventures, Tamarack Global, FJ labs, and KUKA Robotics CEO Till Reuter.
We’ve yet to get our eyes on Figure 01, but according to the company’s early specs, the humanoid will stand 5-feet, 6-inches tall, weigh 60 KG and be able to carry payloads up to 20 KG. Figure is building humanoids designed for initial deployment into the workforce to address labor shortages and to support supply chain on a global scale.
In recent months, Figure made hires across AI, controls, manipulation, perception and commercial operations. The company’s latest hire, Bob Klunk, joined the team as head of warehouse solutions to help bring Figure 01 into its first real-world application. Klunk, former SVP of operations at Geodis, is a fulfillment operations veteran and brings over two decades of warehouse experience to the team.
