Figure Raises $675M for Its Humanoid Robot Development

Today, Figure is announcing an astonishing US $675 million Series B raise, which values the company at an even more astonishing $2.6 billion. Figure is one of the companies working toward a multipurpose or general-purpose (depending on whom you ask) bipedal or humanoid (depending on whom you ask) robot. The astonishing thing about this valuation is that Figure’s robot is still very much in the development phase—although they’re making rapid progress, which they demonstrate in a new video posted this week.This round of funding comes from Microsoft, OpenAI Startup Fund, Nvidia, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, ......

Read Full article on HadNews