• Apptronik said its Apollo humanoid is the culmination of nearly a decade of development. • | Source: Apptronik Apptronik Inc. • today said it has raised a $520 million Series A-X funding round. • This brings the Austin, Texas-based humanoid robot developer’s total Series A to more than $935 million and its total capital raised to nearly $1 billion. • After its initial Series A announcement, totaling $415 million, inbound investors continued to show interest, said Apptronik. • In response, thecompanyextended the round, which is now closing at three times the amount of its original valuation.
Article Summaries:
- Apptronik Inc. today said it has raised a $520 million Series A-X funding round. This brings the Austin, Texas-based humanoid robot developer’s total Series A to more than $935 million and its total capital raised to nearly $1 billion. After its initial Series A announcement, totaling $415 million, inbound investors continued to show interest, said Apptronik. In response, the company extended the round, which is now closing at three times the amount of its original valuation. “Today’s investment is a strong vote of confidence in our mission to deliver humanoid robots that are designed to work
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