Humanoid robot maker Figure has crossed a major milestone, securing more than $1 billion in committed capital in its latest funding round. The fresh raise has propelled the company’s valuation to a staggering $39 billion, a meteoric rise from just $2.6 billion last year. The company announced that the newly acquired capital will be used to scale its AI platform, Helix, and expand its state-of-the-art robot manufacturing facility, BotQ. In a video message, Figure’s founder and CEO Brett Adcock said, “Today we are announcing over a billion dollars of funding. The team is in place, the robots are built, and the path ahead is clear.”

A blog post by the company emphasised that new and existing investor support highlights Figure’s dominance in humanoid robotics and a collective belief that robots will seamlessly integrate into everyday life.

Robots for Homes, Workplaces, and Beyond

The figure revealed that the funding will accelerate robot deployment across households and businesses, with robots designed to assist in both domestic and workforce-related tasks. The company is also investing heavily in computing infrastructure for advanced training, simulation, and data collection to enable its robots to function effectively in complex environments.

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Helix AI at the Core of Innovation

The fundraising follows a series of recent technological breakthroughs. In February, Bloomberg reported that Figure was in talks to secure additional funding after unveiling Helix, its proprietary AI model. Helix allows humanoid robots to pick up unfamiliar objects, collaborate with other robots, and control upper-body movements with precision.

Last month, the company showcased its new Helix walking controller, which enabled one of its robots to smoothly traverse uneven terrain without relying on cameras—a key step toward autonomy in real-world environments.

Rapid Rise from Series B to Global Leader

This growth builds on Figure’s $675 million Series B round, which was closed in February 2024, which had valued the company at $2.6 billion. Just months later, in August 2024, the company unveiled its next-generation Figure 02 robot, signalling its aggressive push in humanoid robotics.

Founded in 2022 by Brett Adcock, Figure has rapidly positioned itself as a front-runner in humanoid robotics, rivalling companies like Tesla with its Optimus robot and Boston Dynamics. Its investor lineup includes major names like Microsoft, OpenAI, and Jeff Bezos, underlining the strong backing behind its ambitious vision.

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Building the Future of General-Purpose Robots

Adcock reaffirmed the company’s mission, stating, “Figure’s goal is to solve general robots. This is a really hard problem. For the first time in history, the right technologies exist to make that possible: robots that can achieve human-level intelligence.” With its billion-dollar funding, cutting-edge AI, and robust investor support, Figure is now one step closer to making humanoid robots an everyday reality.