Figure AI Raises $70M Seed (2023)
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.