Backed by Bezos, humanoid robot maker raises USD675 million

News Story
- 7 Mar 2024 ( #1169 ) - Sunnyvale, CA, United States
1 min read
The 5 ft 6 in (167 cm) Figure 01 has a payload of 20 kg
The 5 ft 6 in (167 cm) Figure 01 has a payload of 20 kg

Amazon founder, billionaire Jeff Bezos, and Microsoft are among some big names to invest in robotics company Figure, which is developing humanoid robots.

Figure, which last month inked a deal with BMW Manufacturing to bring humanoid robots into automotive production, says it raised USD675 million in Series B funding, which will be used to accelerate the introduction of its humanoid robots to market.

As well as Bezos, through Bezos Expeditions, and Microsoft, OpenAI Startup Fund, NVIDIA, Venture Capital, Intel Capital, Align Ventures and ARK Invest participated in the funding round.

Figure says it also agreed to collaborate with OpenAI to develop next generation artificial intelligence (AI) models for humanoid robots.

"We're blown away by Figure's progress to date and we look forward to working together to open up new possibilities for how robots can help in everyday life," says Peter Welinder, OpenAI’s vice president of product and partnerships.

The Figure team is made up of experts from Boston Dynamics, Tesla, Google DeepMind and Archer Aviation.

Figure will leverage Microsoft Azure for AI infrastructure, training and storage. 

"Our vision at Figure is to bring humanoid robots into commercial operations as soon as possible,” says Figure founder and chief executive officer Brett Adcock

"AI and robotics are the future, and I am grateful to have the support of investors and partners who believe in being at the forefront."

Figure says its human form prototype, Figure 01, is the world’s first commercially-viable autonomous humanoid robot.

Figure 01 is 5 ft 6 in (167 cm) in height, weighs 60 kg, has a payload of 20 kg and a five-hour runtime.

Pudu Robotics launches pallet handling AMR
Pudu Robotics launches pallet handling AMR 27 Aug 2026 - Shenzhen, China - 2 min read
DP World invests EUR100 million electrifying Romanian ops
DP World invests EUR100 million electrifying Romanian ops 30 Jul 2026 - Constanta, Romania - 1 min read
Pudu Robotics raises funds, opens new HQ
Pudu Robotics raises funds, opens new HQ 30 Apr 2026 - Shenzen, China - 1 min read
Previously about:
Hyundai moves to acquire 100% of Boston Dynamics News Story - 23 Jul 2026 - Seoul, Korea, Republic Of - 2 min read
Hyundai to deploy humanoid robot Atlas at production sites News Story - 8 Jan 2026 - Las Vegas, United States - 1 min read
Toyota-Hyundai partnership to research humanoid technology News Story - 31 Oct 2024 - Boston, United States - 1 min read
Movers & Shakers News Story - 7 Mar 2024 - 3 min read
Forklift upgrade ‘underwhelms’ users News Story - 8 Feb 2007 - SYDNEY, New South Wales, Australia - 1 min read
3D robotics maker Mytra launches News Story - 25 Jul 2024 - South San Francisco, CA, United States - 2 min read
Do you have materials handling news? Submit your news here

Showcased in the Virtual Expo

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Words of support …

Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

Michille Shi, Vice General Manager Sales

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

PREMIUM business

ATEX MIRETTI GROUP
Miretti Explosion Proof Systems for Material Handling: for over 50 years, "Ex Atex Safety in Explosive & Hazardous Areas".

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

ATEX MIRETTI GROUP
Miretti Explosion Proof Systems for Material Handling: for over 50 years, "Ex Atex Safety in Explosive & Hazardous Areas".

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com