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About Apptronik
Industries
Robotics & Automation
Industrial & Manufacturing
Company Size
51-200
Company Stage
Series A
Total Funding
$354.9M
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 a variety of clients, including hobbyists, researchers, and industries. The company has made notable advancements in robotics, particularly with legged robots like the Valkyrie humanoid robot and the 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.
Simplify's Take
What believers are saying
- Collaboration with Jabil could streamline production and reduce costs, enhancing scalability.
- Partnership with Google DeepMind may advance robot intelligence and functionality significantly.
- Secured $350 million in Series A funding to accelerate humanoid robot development and production.
What critics are saying
- Increased competition from tech giants like Meta and Apple could overshadow Apptronik.
- Dependency on Google DeepMind may limit Apptronik's control over core AI technology.
- Pressure from $350 million funding may lead to rushed development and quality issues.
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, enhancing productivity.
- Apptronik's diverse robotic products range from exoskeletons to humanoid torsos and robotic arms.
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Funding
Total Funding
$354.9M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Flexible Work Hours
Unlimited Paid Time Off
401(k) Retirement Plan
Company Equity
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 0%2 year growth
↓ -1%Humanoid robot company Apptronik has teamed with manufacturing and supply chain technology provider Jabil to build and scale its Apollo humanoid robots.
Last December, Apptronik announced a partnership with Google DeepMind to develop AI for its humanoid systems.
The dream of having robots do household chores inched a little closer to reality last week. Figure, an OpenAI-backed robotics artificial intelligence (AI) startup, showed off humanoid robots that can understand voice commands and can grab objects they had never seen before. In a Figure video, a guy holding a bag of groceries starts unloading eggs, apple, ketchup, cheese, cookies and other items on a counter
Apptronik is competing with major players like Tesla and Figure AI in the rapidly advancing field of humanoid robotics, where artificial intelligence is driving new breakthroughs.
Apptronik has secured an impressive $350 million in Series A funding, backed by B Capital, Google, and Capital Factory, to accelerate the production of its humanoid robot, Apollo.
Apptronik is Hiring for 39 Jobs on Simplify!
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About Apptronik
Industries
Robotics & Automation
Industrial & Manufacturing
Company Size
51-200
Company Stage
Series A
Total Funding
$354.9M
Headquarters
Austin, Texas
Founded
2015
Apptronik is Hiring for 39 Jobs on Simplify!
Find jobs on Simplify and start your career today