Figure AI

Challenger

Leading humanoid robotics company. $39B valuation after $1B+ Series C (Sep 2025). Figure 02 robot with BMW partnership. Founded 2022, Sunnyvale. ~$1.9B total funding.

Humanoid Robots / Industrial Automation
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Updated April 2026

Company Overview

About Figure AI

Figure AI is an American robotics company founded in 2022 by serial entrepreneur Brett Adcock, headquartered in Sunnyvale, California. It develops general-purpose humanoid robots for industrial and logistics environments. With approximately $1.9B in total funding and a $39B valuation (Series C, September 2025), it is the most well-capitalized pure-play humanoid robotics company.

Business Model & Competitive Advantage

Figure has built three robot generations (01, 02, 03) and its Helix vision-language-action model. Figure 02 features 35 degrees of freedom, five-fingered hands lifting up to 25 kg, six RGB cameras, and onboard VLA for autonomous decision-making. It has demonstrated loading washing machines, sorting packages, and folding laundry. BMW partnership for industrial deployment.

Competitive Landscape 2025–2026

The Series C raised over $1B at $39B valuation — a 15x increase in 18 months from $2.6B. Investors include Parkway Venture Capital, Brookfield, NVIDIA, Intel Capital, Salesforce, T-Mobile Ventures, and Qualcomm Ventures. Manufacturing campus expanding with new buildings every 90 days.

Revenue
$39000M
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Key Differentiators

Strong Challenger

Figure AI is an established challenger with significant market presence and competitive offerings in Robotics.

Enterprise Scale

With $39000M in revenue, Figure AI operates at enterprise scale with proven market validation.

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