← Humanoids

Apptronik

HumanoidFull Humanoid OEMActive
Total funding
$935M+ total Series A (Feb 2026 extension); ~$1B raised overall
Valuation
~$5.3B post-money (Feb 2026)
Founded
2016
Headquarters
Austin, TX, USA
Segment
Full Humanoid OEM
Status
Active
Founders
Jeff Cardenas (CEO), Bill Helmsing, Nicholas Paine

Latest research

Updated Sep 8, 2026

Apptronik closed a $520M Series A extension in February 2026, taking its total Series A to more than $935M and total capital raised to roughly $1B at a ~$5.3B post-money valuation. The figure previously on file captured only the extension, not the full round.

  • $520M extension (Feb 11, 2026) on top of an earlier $415M Series A
  • Total Series A now exceeds $935M; ~$1B raised in total
  • Post-money valuation ~$5.3B, roughly 3x the initial Series A
  • Led by existing investors B Capital, Google, Mercedes-Benz and PEAK6
  • New investors include AT&T Ventures, John Deere and the Qatar Investment Authority

Notes

CEO Jeff Cardenas has stated a target of <$50K/unit at scale (future goal, not current price). | UT Austin Human-Centered Robotics Lab spin-off. Apollo: 5ft 8in, 73 kg, 55 lb payload, 4-hr swappable battery. Google-led Series A ($403M); $520M extension. RaaS model.

Availability

Apollo: Enterprise pilots (Mercedes-Benz, GXO)

Partners & deployments

Mercedes-Benz, GXO

Backed by

Click an investor to see everything else they back.