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Figure.ai develops humanoid robots designed for various industries, focusing on enhancing operational efficiency and reducing labor costs. Their main product, Figure 01, is a 5'6" tall, 60kg robot that can carry up to 20kg, run for 5 hours, and move at a speed of 1.2 meters per second. It operates in human-designed environments like manufacturing plants and warehouses. Unlike traditional robots that perform single tasks, Figure 01 is versatile and can handle multiple functions, making it a cost-effective solution for industrial clients. The company aims to expand its market reach through partnerships, such as with BMW Manufacturing, and generates revenue through sales, leasing, and service contracts.
Company Stage
Late Stage VC
Employees
51-200
Industries
Robotics & Automation, Automotive & Transportation, AI & Machine Learning
Total Funding
$830.7M
Headquarters
Sunnyvale, California
Founded
2022
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