Apptronik
About Apptronik
Apptronik is a Robotics startup based in Austin, TX, United States that has raised $963M in venture capital across 2 funding rounds since 2016. The company reached Series A stage in February 2026 with a $520M round led by institutional investors at a $5B valuation. Apptronik's investor base includes 8 institutional funds, with B Capital leading the most recent equity round.
Apptronik is an Austin, Texas-based humanoid robotics company that spun out of the Human Centered Robotics Lab at the University of Texas at Austin. Founded in 2016, the company spent nearly a decade building robotic systems — including 15 prior platforms and a contribution to NASA's Valkyrie humanoid — before launching Apollo, its flagship general-purpose humanoid robot designed for commercial deployment. Apollo is engineered to operate in environments built for people: automotive and electronics manufacturing lines, warehouse logistics, and retail fulfillment. The robot combines advanced mobility, dexterous manipulation, and on-device AI capabilities, with a strategic integration of Google DeepMind's Gemini Robotics models powering adaptive skill learning. Apptronik also partners with NVIDIA on AI compute for robotics. Apptronik has raised over $935 million in Series A funding across two tranches — $350 million in February 2025 and $520 million in February 2026 — reaching a $5 billion post-money valuation. Its investor base spans enterprise strategics and growth funds including B Capital, Capital Factory, Google, Mercedes-Benz, PEAK6, John Deere, AT&T Ventures, and Qatar Investment Authority.
Apptronik Funding Rounds Timeline
2 rounds · $963M raised · since 2016
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series A Extension | February 2026 | $520M | $5B | — | B Capital, Google, Mercedes-Benz, PEAK6, AT&T Ventures, John Deere, Qatar Investment Authority |
| Series A | February 2025 | $350M | — | B Capital | Capital Factory, Google |
Investors in Apptronik
8 institutional investors across 2 rounds
Lead investors
Co-investors
Recent news about Apptronik
- IndustryRobotics Funding Explodes Past $18B Amid Embodied AI BoomJune 2026
Questions about Apptronik
How much has Apptronik raised?
Apptronik has raised $963M across 2 funding rounds since 2016.
Who are the investors of Apptronik?
Apptronik's investors include B Capital, Capital Factory, Google, Mercedes-Benz, PEAK6, AT&T Ventures, John Deere, Qatar Investment Authority.
When was Apptronik's last funding round?
Apptronik's most recent round was a $520M Series A Extension in February 2026.
What is Apptronik's valuation?
Apptronik reached a $5B valuation (unicorn status) with its Series A Extension round in February 2026.
Where is Apptronik headquartered?
Apptronik is headquartered in Austin, TX, United States, and was founded in 2016 by Jeff Cardenas, Nick Paine.