Apptronik

Apptronik

Develops human-centered robotic products and services

About

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 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.

Company Stage

Seed

Employees

51-200

Industries

Robotics & Automation, Industrial & Manufacturing

Total Funding

$14.4M

Headquarters

Austin, Texas

Founded

2015


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Simplify's Take

What believers are saying

  • Increased demand for collaborative robots in manufacturing and logistics sectors.
  • Growing interest in AI-powered robotics solutions boosts Apptronik's market potential.
  • Apptronik's Apollo robot is being trialed in automotive manufacturing and logistics.

What critics are saying

  • Increased competition from established robotics companies like Boston Dynamics.
  • Potential over-reliance on partnerships with tech giants like Google.
  • Challenges in scaling production and deployment of humanoid robots in real-world environments.

What makes Apptronik unique

  • Apptronik focuses on human-centered robots that integrate seamlessly into human environments.
  • The company has developed Apollo, the world's most advanced humanoid robot.
  • Apptronik's partnership with Google DeepMind enhances its AI capabilities in robotics.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

-3%

2 year growth

-6%

Benefits

Flexible Work Hours

Unlimited Paid Time Off

401(k) Retirement Plan

Company Equity

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