Amid Record Robotics Funding, Apptronik Raises $520M Series A Extension To Boost Production Of Humanoid Robot Apollo
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Amid record robotics funding, Apptronik raises $520M Series A extension to boost production of humanoid robot Apollo. February 11, 2026 AI-powered robotics company Apptronik announced Wednesday that it has raised $520 million in an extension of its $415 million Series A raise in February 2025, bringing the total round to over $935 million. Existing backers B Capital, Google, Mercedes-Benz and Peak6 joined new investors including AT&T Ventures and manufacturing giant John Deere participating in the extension. The Austin-based company says that after its initial Series A announcement, it received "substantial inbound investor interest," which led it to open the new extension of the round "at a 3x multiple of the Series A valuation." It did not reveal its new valuation. However, the Austin-American Statesman reported in November that Apptronik had reached a valuation of $5 billion after raising $331 million earlier that month, according to a filing with the U.S. Securities and Exchange Commission. The company confirmed that the $331 million raised is a part of this Series A extension round. With the latest funding, Apptronik has now raised nearly $1 billion since its 2016 inception. Robotics startup funding hit a record high last year, per Crunchbase data. Startups in the sector raised nearly $14 billion in funding in 2025, up from $8.2 billion in 2024, even topping the...
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