Apptronik

Apptronik

Develops human-centered robotic products and services

About Apptronik

Simplify's Rating
Why Apptronik is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

Company Size

51-200

Company Stage

Series A

Total Funding

$364.8M

Headquarters

Austin, Texas

Founded

2015

Overview

Apptronik develops human-centered robotic products and services designed to integrate seamlessly into human environments. Their robots aim to enhance productivity, safety, and quality of life for users. The company has created advanced legged robots, such as the Valkyrie humanoid robot, and focuses on making robots lighter, safer, and more efficient through their mechatronic and control software. Apptronik generates revenue by selling robotic products, components, and engineering services tailored to various clients, including hobbyists, researchers, and industries. Their goal is to create robots that can work alongside humans, making everyday tasks easier and safer, which distinguishes them from competitors by emphasizing practical and user-friendly solutions.

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Simplify's Take

What believers are saying

  • Apptronik secured $403M in Series A funding to scale Apollo's production.
  • Collaborations with AI companies enhance Apptronik's AI capabilities for sophisticated robots.
  • Increasing demand for automation in logistics presents opportunities for Apptronik's humanoid robots.

What critics are saying

  • Competition from Tesla and Boston Dynamics could impact Apptronik's market share.
  • Rapid technological advancements may render Apptronik's products obsolete if innovation lags.
  • Supply chain vulnerabilities, especially in semiconductors, could disrupt production timelines.

What makes Apptronik unique

  • Apptronik specializes in human-centered robotic products enhancing productivity and safety.
  • The company developed Apollo, the world's most advanced humanoid robot.
  • Apptronik's robots integrate seamlessly into human environments, offering practical and user-friendly solutions.

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Funding

Total Funding

$364.8M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$350M
Apptronik

Benefits

Flexible Work Hours

Unlimited Paid Time Off

401(k) Retirement Plan

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-2%

2 year growth

3%
The Bridge
Mar 26th, 2025
Apptronik Secures $530M for Humanoid Robots

Japan Post Capital has invested in US-based Apptronik, which develops humanoid robots with physical AI, as part of its Series A funding round. Apptronik, spun out from the University of Texas at Austin, raised $350 million in February 2025, led by B Capital and Capital Factory, with Google also participating. In March, an additional $53 million was raised with new investors including Japan Post Capital and Mercedes-Benz. Apptronik aims to accelerate the production and deployment of its Apollo robot.

MLB4S
Mar 20th, 2025
Gemini Robotics brings AI into the physical world

As part of its efforts, MLB4S is partnering with Apptronik to build the next generation of humanoid robots with Gemini 2.0.

The AI Insider
Mar 19th, 2025
Apptronik Closes Additional Series A Funding, Bringing Total Round to $403M

Apptronik secured an oversubscribed $403M Series A funding round, with participation from B Capital, Capital Factory, Google, Mercedes-Benz, Japan Post Capital, and ARK Invest, to scale production and deployment of its humanoid robot, Apollo.

Analytics India Magazine
Mar 18th, 2025
Apptronik Secures $53M in Extended Series A, Backed by Mercedes-Benz

Apptronik, an AI-powered humanoid robotics startup based in the US, announced on Tuesday that it has raised an additional $53 million in its Series A round.

Cryptonomist
Mar 18th, 2025
ARK Invest participates in a $403 million funding round for the robotics company Apptronik

ARK Invest participates in a $403 million funding round for the robotics company Apptronik.

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