AI robotics company Figure has raised $675 million in Series B funding at a valuation of $2.6 billion. The funding round included investments from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos, Parkway Venture Capital, Intel Capital, Align Ventures and ARK Invest. Figure plans to use the funding to accelerate the deployment of its general-purpose humanoid robots.
In addition to the funding, Figure has signed a collaboration agreement with OpenAI to develop next-generation AI models for humanoid robots. The collaboration aims to enhance the capabilities of humanoid robots to process and reason from language. Figure will also leverage Microsoft Azure for AI infrastructure, training and storage.
Figure, founded by a team of AI robotics experts from Boston Dynamics, Tesla, Google DeepMind and Archer Aviation, has made significant progress in AI, robot development, testing and commercialization. The company recently announced its first commercial agreement with BMW Manufacturing to bring humanoid robots into automotive production. With the new funding and partnerships, Figure is well-positioned to advance its mission of bringing embodied AI into the world and making a transformative impact on humanity.
