This humanoid robotics company is going public, but its CEO isn’t promising a robot in your home anytime soon

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  "detected_at": "2026-07-06T06:05:29+00:00",
  "company": {
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    "url": "https://techcrunch.com/2026/07/05/this-humanoid-robotics-company-is-going-public-but-its-ceo-isnt-promising-a-robot-in-your-home-anytime-soon/",
    "title": "This humanoid robotics company is going public, but its CEO isn’t promising a robot in your home anytime soon",
    "author": "Connie Loizos",
    "excerpt": "The humanoid robotics market is awash in money right now. Last week, AI2 Robotics, a Shenzhen-based startup that makes wheeled humanoid robots, raised nearly $735 million at a nearly $3 billion valuation. Earlier this year, Apptronik, an Austin-based maker of humanoid robots for manufacturing and logistics, closed a $935 million funding round valuing the company at more than $5.5 billion , backed by Google, Mercedes-Benz, and John Deere, among others. Last fall, Figure AI, a San Jose-based startup developing general-purpose humanoid robots, self-reported that it closed on $1 billion in Series C funding at an eye-popping $39 billion valuation . By comparison, Peggy Johnson, CEO of Agility Robotics, is surprisingly measured. We spoke by phone last week, just after the company announced plans to go public through a merger with Michael Klein’s Churchill Capital Corp XI, a special purpose acquisition company, or SPAC. The deal values Agility at around $2.5 billion and is expected to raise more than $620 million in gross proceeds, the largest capital raise in humanoid robotics history. It hasn’t closed yet; the merger still needs shareholder approval and SEC review, and is expected to be completed later this year. Agility was founded in 2015 as a spinoff from Oregon State University. Based in Salem, Oregon, the company makes bipedal humanoid robots designed to work in warehouses and...",
    "summary": "Apptronik, an Austin-based maker of humanoid robots, closed a $935 million funding round valuing the company at more than $5.5 billion, with backing from Google, Mercedes-Benz, and John Deere.",
    "location": "Austin, Texas, USA",
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    "image_url": "https://techcrunch.com/wp-content/uploads/2026/07/Peggy-Johnson.jpg?w=1024",
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    "published_at": "2026-07-06T06:05:29Z",
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        "state": "Texas",
        "region": "Northern America",
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    "article_sentence": "Earlier this year, Apptronik, an Austin-based maker of humanoid robots for manufacturing and logistics, closed a $935 million funding round valuing the company at more than $5.5 billion , backed by Google, Mercedes-Benz, and John Deere, among others.",
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