Figure Raises $675M in Series B funding and signs collaboration agreement with OpenAI to accelerate humanoid robot deployment.
Amount Raised
$675 Million
Round Type
Series B
SunnyvaleManufacturingAutomotiveInvestors
Description
Figure, an AI robotics company, has raised $675M in Series B funding at a $2.6B valuation with investments from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. The investment will accelerate Figure’s timeline for humanoid commercial deployment. Additionally, Figure has entered into a collaboration agreement with OpenAI to develop next generation AI models for humanoid robots.
Quick answer
Figure raised $675 Million in a Series B round, dated March 4, 2024. Investors: Jeff Bezos, ARK Invest, Align Ventures, Intel Capital, Parkway Venture Capital, Nvidia, OpenAI Startup Fund and Microsoft. Figure is based in Sunnyvale, California, United States.
- How much did Figure raise?
- Figure raised $675 Million in a Series B round on March 4, 2024.
- Who invested in Figure?
- Jeff Bezos, ARK Invest, Align Ventures, Intel Capital, Parkway Venture Capital, Nvidia, OpenAI Startup Fund and Microsoft are named as investors in this round.
- What does Figure do?
- We got some renders when the company came out of stealth back in March, but beyond that, the Figure 01 robot hasn’t traveled beyond its office walls.
- Where is Figure based and how big is it?
- Figure is based in Sunnyvale, California, United States. Fundz records about 8 employees.
- Who are the decision-makers at Figure?
- Fundz holds 4 contacts at Figure, including the Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Manufacturing around the same time
Companies in the same sectors as Figure that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- Endera raised $6.1M on April 15, 2024.
- Dodai raised $4M (Series A) on March 24, 2024.
- indie Semiconductor raised an undisclosed amount (Corporate Round) on March 20, 2024.
- Fisker raised $150M (Funding Round) on March 18, 2024.
- Applied Intuition raised $250M (Series E) on March 12, 2024.
Who to call at Figure, and when
A new round usually means Figure is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Figure raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Figure, from your own LinkedIn network
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Funding Insights
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