Full-Time
Figure
201-500 employees
Develops versatile humanoid robots for industries
Compensation Overview
$175k - $210k/yr
Senior, Expert
San Jose, CA, USA
Requires 5 days/week in-office collaboration.
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- 7+ years of experience in manufacturing engineering
- Bachelor’s or Master’s Degree in Mechanical, Biomechanical, Robotics, Mechatronics, or similar field
- Expert knowledge of manual and automated assembly techniques
- Experience with Manufacturing Execution Systems (MES), including implementation, integration, and optimization
- Expert in 3D CAD software
- Specify and procure manufacturing equipment, tools, and fixtures required for production
- Ability to travel up to 40% of the time
- Set up the internal build line to manufacture module level and full robot system assemblies
- Analyze and optimize manufacturing processes to improve efficiency, quality, and cost-effectiveness
- Monitor production metrics and KPIs, identifying areas for improvement and implementing corrective actions
- Collaborate with cross-functional teams to ensure manufacturability and design for assembly principles are incorporated
- Qualify vendors for piece part and assembly level manufacturing
- Set up end of line design validation testing and in process QC checks
- Develop fixturing to support the assembly
- CATIA V6 experience
- Robotics or other high tech industry experience
Figure.ai develops humanoid robots designed for various tasks across multiple industries. 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 is electric-powered and built to work in human-designed environments like manufacturing plants and warehouses. Figure.ai targets large-scale industrial clients, such as BMW, to improve operational efficiency and reduce labor costs. Unlike traditional robots that perform single functions, Figure 01 is versatile and can handle multiple tasks, making it a cost-effective solution. The company's goal is to enhance automation in various sectors by providing adaptable robots that meet the growing demand for efficiency.
Company Size
201-500
Company Stage
Series B
Total Funding
$854M
Headquarters
Sunnyvale, California
Founded
2022
Simplify's Take
What believers are saying
- Potential UPS partnership could expand Figure's presence in the logistics sector.
- $1.5 billion Series C funding indicates strong investor confidence and growth potential.
- Reinforcement learning enhances Figure's robots' natural movement, increasing industry appeal.
What critics are saying
- Competition from Chinese robotics firms could threaten Figure's market share.
- UPS partnership discussions may not lead to a deal, limiting logistics expansion.
- Crowded AI startup market increases competition for investment and market presence.
What makes Figure unique
- Figure's humanoid robots combine human agility with advanced AI for versatile applications.
- Figure 01 can perform tasks in environments designed for humans, enhancing operational efficiency.
- Partnership with BMW showcases Figure's capability in complex industrial settings.
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Growth & Insights and Company News
6 month growth
↓ -5%1 year growth
↓ -2%2 year growth
↓ -10%UPS and Figure AI are reportedly considering a partnership in which the robotics startup’s humanoid robots would perform some tasks in the logistics company’s operations. Discussions between the two companies are ongoing, Bloomberg reported Monday (April 28), citing unnamed sources. UPS said in the report that it wouldn’t discuss potential vendor partners and that it regularly explores a wide range of technologies, including robotics
Figure has released footage of their humanoid robots hard at work assembling BMWs in the US; showcasing one of the many potential real-world applications of the machines:
figure.ai is excited to introduce its end-to-end neural network, trained with reinforcement learning (RL), for humanoid locomotion.
Data cloud company Snowflake says it is opening a new Silicon Valley “AI hub.”The new Menlo Park location, announced Thursday (Feb. 27), is designed to give developers, startups and business leaders a place to work on artificial intelligence (AI) efforts.“Our technology is already at the heart of customers’ data and AI strategies, and now, we are taking it a step further by creating a physical space for people shaping the future of AI to connect, learn, and work,” Snowflake CEO Sridhar Ramaswamy said in a news release.“Whether you’re a developer looking for hands-on experience, a startup founder looking for a place to collaborate, or an executive looking to explore the art of the possible, the Silicon Valley AI Hub will serve as the epicenter of AI development and collaboration.”Set to open this summer, the hub will feature spaces designed for people “across the AI ecosystem,” per the release. Executives can collaborate and create partnerships, AI engineers can experiment with new technology, and early-stage startups gain a homebase for their work.Meanwhile, the company, its startup accelerator and its venture capital partner are planning to invest up to $200 million in early stage startups, offering funding as well as technical assistance.Amazon Web Services (AWS), the company said, “has also committed to provide up to $1 million in free Snowflake credits on AWS over four years to support startups building and offering applications on Snowflake’s platform.”Snowflake’s announcement comes on the heels of a report earlier this week that Perplexity AI was creating a $50 million venture fund focused on U.S.-based pre-seed and seed AI startups.The company, itself an AI startup, will invest in the fund, but outside limited partners will provide most of the capital, CNBC reported, citing unnamed sources. Perplexity last year closed a $500 million funding round that tripled its valuation to $9 billion.AI startups have been raising significant amounts of funding lately, with three companies taking in — or preparing to take in — a combined $2.3 billion in the last week.Together.ai, which is building an AI cloud for AI applications using open source models, recently raised $305 million in a Series B round. Cloud AI startup Lambda announced last week that it has raised $480 million to build a hyperscaler cloud for AI developers and end users.And robotics company Figure, backed by OpenAI, Nvidia and Microsoft, is in reportedly talks to raise $1.5 billion in a Series C round.For all PYMNTS AI coverage, subscribe to the daily AI Newsletter
Perplexity AI is reportedly creating a $50 million venture fund focused on U.S.-based pre-seed and seed artificial intelligence (AI) startups. The company, which is an AI startup itself, will be an anchor investor in the fund, but outside limited partners will provide most of the capital, CNBC reported Tuesday (Feb. 25), citing unnamed sources. Reached by PYMNTS, Perplexity declined to comment on the report