How Much Did Apptronik Raise? Funding & Key Investors

Date August 18, 2025
A

Apptronik

COMPANY INFO

Apptronik, Inc. is a robotics company founded in 2016 by Jeffrey Cardenas, Luis Sentis, Nicholas Paine, and Bill Helmsing. The company has around 150 employees and is headquartered in Austin, Texas. Its website is https://apptronik.com, and it operates primarily in the Other Hardware and Industrial Machinery & Equipment manufacturing industries. Apptronik develops general-purpose humanoid robots capable of performing tasks such as case picking, palletizing, and heavy lifting to address labor shortages and improve workplace efficiency. Their mission emphasizes the synergy between humans and robots to create a more advanced future where man and machine coexist harmoniously.

How Much Did Apptronik, Inc. Raise? Funding & Rounds and Investors

Apptronik, Inc. is a leading robotics company founded in 2016 and headquartered in Austin, Texas. Specializing in the industrial machinery and equipment manufacturing sector, Apptronik focuses on developing general-purpose humanoid robots designed to address labor shortages and boost efficiency in warehouses and industrial environments. The company, staffed by over 150 employees, builds AI-powered robotic systems for tasks such as case picking, palletizing, and heavy lifting. Apptronik’s mission is to advance the synergy between humans and robots, shaping a future where man and machine collaborate seamlessly.

Apptronik, Inc. has demonstrated a robust funding trajectory, raising approximately $436 million over seven funding rounds. The company initially operated with minimal outside capital, focusing on grant and seed funding from 2017 through 2023 to support research, product development, and team expansion. In 2025, it secured a major Series A investment—raising over $400 million—signaling a strategic shift towards scaling production, accelerating innovation, and meeting increasing customer demand for its humanoid robots. Notable investors such as Google (via DeepMind), B Capital, Capital Factory, Mercedes-Benz, and others have helped drive Apptronik's rapid growth. With this substantial infusion of venture capital, Apptronik is well-positioned to further its mission, expand its manufacturing capacity, and achieve widespread market adoption.

Funding Rounds

Series A - $350M - 2025-01-31

This round was pivotal for scaling production of Apptronik’s AI-powered humanoid robots, accelerating technological innovation, and fulfilling significant customer demand. The capital is earmarked for ramping up manufacturing and expanding commercial deployment, with participation from Google.

Series A (Follow-on) - $53M - 2025-03-18

A follow-up Series A round to continue scaling operations, further develop humanoid robotics technology, and strengthen the company's market position.

Seed - $10M - 2023-02-07

This seed round supported early-stage product development, team growth, and initial commercialization of Apptronik’s robotics solutions, led by Terex Corporation.

Seed - $14.6M - 2022-06-23

Seed funding used for advancing product development and expanding into new markets, co-led by Capital Factory and Grit Ventures.

Seed - $8M - 2022-03-23

This round provided initial capital to launch early prototypes, grow the engineering team, and advance pilot programs.

Grant - Not specified - 2019-05-21

Grant funding enabled further research and development of core robotics technologies and supported collaborations with academic and industrial partners.

Grant - $4.49M - 2017-01-01

Initial grant funding was used to drive early-stage innovation and fundamental research in humanoid robotics.

Key Investors

B Capital

B Capital is a global venture capital firm that led Apptronik’s Series A funding rounds, providing financial resources and strategic support to help scale production and drive commercialization.

Capital Factory

As both an early and Series A investor, Capital Factory played a crucial role in supporting Apptronik’s growth, offering access to mentorship, operational resources, and industry networks.

Terex Corporation

Terex Corporation, a leading manufacturing company, led the 2023 seed round, offering industry expertise and supporting Apptronik’s entry into industrial automation markets.

Grit Ventures

Grit Ventures participated in the 2022 seed round, contributing capital and strategic guidance aimed at early product development and market expansion.

DeepMind (Google)

DeepMind, as part of Google’s strategic investment arm, contributed to Apptronik’s Series A round, lending AI expertise and resources to fuel advanced robotics innovation.

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