← Company & Robot DB

Figure AI

Private
Humanoid
HQ
San Jose, California, US
Founded
2022
Founders
Brett Adcock
Products
Figure 02, Figure 03 humanoids
Official site →

Builds general-purpose humanoid robots aimed at warehouse and manufacturing work, deployed in a pilot with BMW, with its own in-house Helix AI model after ending an earlier partnership with OpenAI.

Key numbers, at a glance

Funding rounds by post-money valuation

$500M
Series A May 2023$2.6B
Series B Feb 2024$39B
Series C Sep 2025

TechCrunch / PR Newswire, compiled Sep 2025

Funding

~$1.7-2B raised across three rounds — $70M Series A (2023), $675M Series B (Feb 2024, $2.6B valuation), and $1B+ Series C (Sep 2025, $39B valuation). Figure's own release described cumulative funding as "nearly $2 billion" as of the Series C; the often-cited "$675M raised" figure actually describes only the Series B round, not the company's total.

Key investors

Microsoft, OpenAI, Nvidia, Intel Capital, Jeff Bezos, Brookfield, Parkway Venture Capital and others

Last checked: 2026-07-12

Vehicle & product lineup

Close-up of Figure's Figure 02 humanoid robot, marked "F.02"

Figure 02

Photo: BMW Group (press use)
Two Figure 03 humanoid robots handling parts on BMW's Spartanburg production floor

Figure 03 (at BMW Spartanburg)

Photo: BMW Group (press use)

Products & deep dives