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 various clients, including hobbyists, researchers, and industries. The company has made notable advancements in robotics, particularly with legged robots like the Valkyrie humanoid and Hume point foot biped, focusing on making them lighter, safer, and more efficient. Apptronik generates revenue through the sale of robotic products, components, and engineering services tailored to client needs. Their mission is to create robots that can work alongside humans, making life 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 and deployment.
  • Collaborations with AI companies enhance Apptronik's AI capabilities in humanoid robots.
  • Rising demand for robots in healthcare settings aligns with Apptronik's human-centered approach.

What critics are saying

  • Increased competition from Boston Dynamics and Agility Robotics may impact market share.
  • Rapid technological advancements could render Apptronik's products obsolete if innovation lags.
  • Dependence on key partners like Mercedes-Benz and Google poses strategic risks.

What makes Apptronik unique

  • Apptronik specializes in human-centered robots that integrate seamlessly into human environments.
  • The company developed Apollo, the world's most advanced humanoid robot.
  • Apptronik's robots range from exoskeletons to unique robotic arms lifting more than they weigh.

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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

0%

1 year growth

-1%

2 year growth

-1%
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.

Diffcoin
Mar 18th, 2025
ARK Invest joins $403M raise for AI robotics firm Apptronik

Apptronik, on March 18, announced the successful close of an oversubscribed $403M Series A funding round, adding another $53 million to the $350 million round disclosed in February.

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