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.

Briefs
Briefs 30 Oct 2025 - 2 min read
Briefs
Briefs 11 Sep 2025 - 1 min read
Cyngn secures funding, announces Nvidia partnership
Cyngn secures funding, announces Nvidia partnership 10 Jul 2025 - Mountain View, CA, United States - 1 min read
Previously about:
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
Robots to unload and patrol CEVA warehouse News Story - 2 Nov 2023 - Los Angeles, CA, United States - 2 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
Inside The News
In this week’s Forkliftaction News , we look at Unirrol SA’s deployment of 240 AGVs with the Argentinian postal service as the national carrier works to automate its sorting business... Continue reading

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions

In March 2026, Forkliftaction News will publish a special feature on bespoke forklift attachments, a deep dive into user case studies about custom-made attachments.

Are you an expert in this field? To secure your contribution to this popular topic sign on by 2 February 2026!

[Reach out today] to express your interest and receive pricing options and DOWNLOAD our latest media kit for details on our contributor packages.

Words of support …

I know I can count on them. They give valuable suggestions on the campaign planning, and to publish content is as easy as abc, as they take care of the material layout and check links. This is a great support.

Annalisa Castellini, Marketing Manager

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

Forkliftaction's JOB MARKET

In March 2026, Forkliftaction News will publish a special feature on bespoke forklift attachments, a deep dive into user case studies about custom-made attachments.

Are you an expert in this field? To secure your contribution to this popular topic sign on by 2 February 2026!

[Reach out today] to express your interest and receive pricing options and DOWNLOAD our latest media kit for details on our contributor packages.

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions

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

Forkliftaction's JOB MARKET

In March 2026, Forkliftaction News will publish a special feature on bespoke forklift attachments, a deep dive into user case studies about custom-made attachments.

Are you an expert in this field? To secure your contribution to this popular topic sign on by 2 February 2026!

[Reach out today] to express your interest and receive pricing options and DOWNLOAD our latest media kit for details on our contributor packages.

Inside The News
In this week’s Forkliftaction News , we look at Unirrol SA’s deployment of 240 AGVs with the Argentinian postal service as the national carrier works to automate its sorting business... Continue reading

Showcased in the Virtual Expo

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

Forkliftaction's JOB MARKET