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Apptronik funding, valuation and investors
Austin humanoid robotics company shipping Apollo robots for warehouse and factory logistics pilots.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A extension
$520M · February 2026
Latest known valuation
$5B+
Series A extension · February 2026
Total disclosed equity funding
$520M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · Austin, Texas
Investors in latest funding
Lead: Google , Mercedes-Benz , B Capital Group
Other: AT&T Ventures , John Deere & Co. , Qatar Investment Authority
Overview
Apptronik is an Austin, Texas-based humanoid robotics company founded in 2016 from the University of Texas Human Centered Robotics Lab. Its Apollo humanoid targets logistics, manufacturing, and field operations — kitting, sorting, lineside delivery, and trailer unloading — with commercial pilots at Mercedes-Benz, GXO Logistics, and Jabil. Apollo draws on a decade of prior robot development including NASA's Valkyrie. In February 2026, Apptronik raised a $520M Series A extension led by Google, Mercedes-Benz, and B Capital Group, bringing total Series A funding to $935M at a $5B+ valuation. The company operates Robot Park training facilities and partners with Google DeepMind on Gemini Robotics AI models.
Why Apptronik is interesting
Apptronik's $935M Series A total — with Google, Mercedes-Benz, and B Capital — funds commercial Apollo pilots at GXO, Mercedes, and Jabil, not lab demos. Humanoids are being scored on cycle time and uptime, not novelty.
Product & use cases
Apollo is a modular general-purpose humanoid robot (bipedal or wheeled) with hot-swappable batteries, point-and-click fleet software, and payloads designed for warehouse and manufacturing tasks — developed from NASA Valkyrie heritage.
- Mercedes-Benz manufacturing: kit delivery and component inspection
- GXO Logistics distribution-center material handling pilots
- Jabil manufacturing: sorting, lineside delivery, sub-assembly tasks
- Trailer unloading, case picking, and palletization (target workflows)
Key facts
- $935M total Series A after $520M extension (Feb 2026) at $5B+ valuation
- Commercial pilots: Mercedes-Benz, GXO Logistics, Jabil (Fortune 500)
- ~300 employees; spun from UT Austin Human Centered Robotics Lab (2016)
- Apollo 2 unveiled with 90,000 sq ft Robot Park training facility in Austin
- Partnership with Google DeepMind on Gemini Robotics AI models
Funding history (newest first)
Series A extension
2026-02 $520M Valuation: $5B+- Google (lead)
- Mercedes-Benz (lead)
- B Capital Group (lead)
- AT&T Ventures (participant)
- John Deere & Co. (participant)
- Qatar Investment Authority (participant)
Investors in our directory
Funds linked from Apptronik's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Fortune 500 paid commercial pilots plus Mercedes and Google as investors — rare combination of OEM validation, production partner (Jabil), and AI model partnership (DeepMind/Gemini) for a humanoid still pre-mass-deployment.
Humanoid robotics is capital-intensive with few winners likely. Apptronik's NASA heritage, Texas engineering base, and corporate syndicate (Google, Mercedes, John Deere, QIA) give it distribution advantages — but production economics versus specialized warehouse robots remain unproven at scale.
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Figure AI direct
Humanoid startup with BMW commercial deployments; similar enterprise-pilot GTM.
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Agility Robotics direct
Digit humanoid focused on logistics; Amazon-backed with warehouse-first positioning.
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Tesla Optimus adjacent
Vertically integrated humanoid program inside Tesla; less third-party OEM sales model.
Notable stories
- Mercedes-Benz entered the first publicly announced Apollo commercial agreement in March 2024 — using humanoids for kit delivery and component inspection, making Mercedes both customer and investor.
- Apptronik's team includes engineers who worked on NASA's Valkyrie robot — giving the company rare humanoid hardware pedigree beyond recent AI-lab spinouts.
Industries
Related funding articles
Venture Capital Tracker pieces that cover Apptronik's financing or category context.
FAQs about Apptronik
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