On September 16, 2025, Reuters reported that Figure, a U.S. robotics startup, raised over $1 billion in its latest funding round. This Series C round valued the company at $39 billion, up sharply from about $2.6 billion last year when it raised $675 million.
The round was led by Parkway Venture Capital, with participation from big names in tech and venture capital including Nvidia, Intel Capital, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures. Investors are placing big bets on robotics and autonomous systems, seeing them as having the same potential as foundational AI models and electric vehicles.
Figure has shown progress in developing humanoid robots, giving it credibility among competitors. This surge in valuation and capital inflow underscores the growing confidence in robotics as a core branch of AI innovation.
Key Highlights
$1+ billion raised in Series C funding; valuation now ~$39 billion.
Prominent investors: Nvidia, Intel Capital, LG Technology Ventures, Salesforce, T-Mobile Ventures, Qualcomm.
Huge jump from the previous valuation (~$2.6 billion) in just one year.
Robotics being viewed as a major AI frontier, similar to generative AI and foundational model investment.
Why This Matters
Investor Confidence in Robotics: This funding shows that investors believe robotics is maturing rapidly, not just as lab experiments but as commercially viable.
Hardware-Software Synergy: Robotics demands strong hardware, AI software, and autonomous system integration. Funding of this magnitude accelerates that synergy.
Competitive Landscape Shift: Startups like Figure are entering big league territory, putting pressure on incumbents to innovate in autonomous systems and robotics.
Potential Use Cases & Impact: With more capital, Figure can scale R&D, improve safety, expand to more complex autonomous tasks, impacting areas from manufacturing to service robotics.
Source
Reuters – Full Article
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