FundingAugust 23, 2023Verified

Figure AI Raises $70M Seed (2023)

$70,000,000

Key Facts

Company
Figure AI
Sector
Robotics & Automation
Country
United States
Round Type
Seed
Investors
Parkway Venture Capital, Bold Capital, Tamarack Global

Funding Round Overview

Figure AI announced a Seed round on August 23, 2023 totaling $70,000,000 led by Parkway Venture Capital. Humanoid robot startup Figure AI raised $70 million seed round. $70M seed for humanoid robots.

Deal Highlights

  • Capital involved: $70,000,000.
  • Round: Seed.
  • Investors: Parkway Venture Capital, Bold Capital, Tamarack Global.

Company and Sector Context

Figure AI builds in the robotics & automation sector, one of the most active areas in AI investment today. Based in United States, the company is part of a global wave of startups scaling AI into production across regulated and enterprise environments.

How the Capital Helps

Disclosed details include $70M seed for humanoid robots. In robotics & automation, speed to market and access to high-quality talent often determine category leadership.

Competitive Landscape

Funding activity in robotics & automation continues to intensify as incumbents and startups race to ship reliable AI systems. This round signals ongoing investor confidence in differentiated technology and defensible distribution.

Looking Ahead

This funding positions Figure AI for continued growth in the robotics & automation landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.

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