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URGENT: Apptronik's Humanoid Robots Secure $935M, Valued at $5B+!

Apptronik, a humanoid robot maker, has secured $935 million in funding. The Series A round values the company at over $5 billion. The announcement came Wednesday.

Google, Mercedes-Benz, and B Capital are among the investors. The company previously raised $415 million in its initial Series A. Demand fueled the expansion.

Apptronik spun out from the University of Texas. It builds robots for Google DeepMind and others. The company is still in early development stages.

The company says it wasn't actively seeking funding. It was responding to investor interest. Further details are expected.

This is a developing story.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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