Figure AI raises $1B in Series C funding toward humanoid robot development - The Robot Report

Figure AI Inc. has raised over $1 billion in its Series C funding round, pushing its valuation to $39 billion. The San Jose-based company aims to accelerate the development and large-scale deployment of general-purpose humanoid robots through its Helix embodied intelligence platform and BotQ high-volume manufacturing environment. Figure plans to produce and ship 100,000 humanoid robots over the next four years to assist with household and commercial tasks. Recent demonstrations showcased the robots’ capabilities, including folding laundry and loading a dishwasher, powered by the Helix vision-language-action (VLA) model and supported by a next-generation GPU infrastructure developed in partnership with NVIDIA. The funding round was led by Parkway Venture Capital with participation from major investors such as NVIDIA, Intel Capital, LG Technology Ventures, and Qualcomm Ventures. Figure AI is expanding its workforce across manufacturing, software, and systems integration to support commercialization efforts. The company has already delivered Figure 02 systems to paying customers and won a 2024 RBR50 Robotics Innovation