Apptronik, a University of Texas spin-out that was quietly building humanoid robots before it became quite so fashionable, on Thursday announced a $350 million Series A round of financing. B Capital and Capital Factory co-led the round, which also featured participation from Google, whose DeepMind division is partnering with Apptronik to deliver embodied AI for bipedal robots.
“What 2025 is about for Apptronik and the humanoid industry is really demonstrating useful work in these applications with these initial early adopters and customers,” CEO Jeff Cardenas tells TechCrunch. “And then true commercialization and scaling happening in 2026 and beyond. That’s what this raise is designed to do.”
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