Recently, the American humanoid robot startup Apptronik announced the completion of a $350 million Series A funding round, which will be used to expand its production scale of artificial intelligence (AI) robots. The funding was led by B Capital and Capital Factory, with tech giant Google also actively participating.
Founded in 2016 and headquartered at the Human Centered Robotics Lab at the University of Texas at Austin, Apptronik focuses on developing an industrial AI humanoid robot named "Apollo" and has partnered with well-known institutions such as NASA, NVIDIA, and Google DeepMind.
During a press conference, Apptronik's CEO Jeff Cardenas stated that attracting investor support is a significant encouragement for the company. He pointed out that as robotics technology advances, robots integrated with AI are becoming increasingly versatile. The company is fully committed to bringing these robots to market, aiming to expand from the industrial sector into home life.
Last year, Apptronik showcased its robots' capabilities in delicate operations at the GTC2024 exhibition, with future plans to create a digital twin environment for Apollo using NVIDIA's Omniverse technology. Additionally, the collaboration with Google DeepMind will focus on developing AI technologies that can drive the robots.
Goldman Sachs' report predicts that by 2035, the overall market size for humanoid robots will reach $38 billion. In this rapidly growing market, Apptronik's main competitor will be Tesla's "Optimus."
Key Points:
🌟 Apptronik has completed a $350 million funding round, planning to expand AI humanoid robot production.
🤝 The company collaborates with NASA, NVIDIA, and Google DeepMind, dedicated to advancing robotics technology.
🚀 The humanoid robot market is expected to reach $38 billion by 2035, with Apptronik competing against Tesla.
