{"id":"7107d624-dbc3-4d73-9103-1138ebf6f754","name":"Figure AI","slug":"figure-ai","description":"Sunnyvale-based humanoid-robotics company founded in 2022, among the fastest-moving US humanoid developers from prototype to production partnership. Its industrial humanoid [Figure 02](/models/figure-02) ran a flagship production deployment at [BMW](/companies/bmw)'s Spartanburg plant (since ended); the next-generation [Figure 03](/models/figure-03) (with notably dexterous hands, 16 DoF per hand) is its current platform, increasingly oriented toward both industrial RaaS and eventual home use. Figure develops its own [Helix](/brains/helix) vision-language-action AI and operates BotQ, a manufacturing facility tooled to produce up to ~12,000 Figure robots per year.\n\nFinancials: Figure raised over $1 billion in a Series C (September 2025) at a $39 billion valuation, a roughly 15x jump from its $2.6 billion valuation in February 2024, bringing total funding raised to roughly $1.7 billion. Investors include NVIDIA and Qualcomm Ventures.\n\nReality check: Figure's elevated valuation is partly home-market optionality; CEO [Brett Adcock](/people/brett-adcock) has acknowledged home autonomy is not yet ready for unsupervised operation, so near-term revenue is industrial robots-as-a-service. The BMW deployment, though small in unit count, represents genuine factory integration rather than lab demos. BotQ's 12,000/yr is production capacity, not current output.","status":"private","founded":2022,"hq":"Sunnyvale, California, USA","fundingTotal":"2745000000","type":"both","reviewStatus":"reviewed","sources":[{"url":"https://www.figure.ai/","label":"Figure — company website","title":"Figure — company website","mediaType":"article","sourceName":"Figure AI","publishedAt":"2026-01-01"},{"url":"https://en.wikipedia.org/wiki/Figure_AI","label":"Figure AI — Wikipedia","title":"Figure AI — Wikipedia","mediaType":"article","sourceName":"Wikipedia","publishedAt":"2026-01-01"},{"url":"https://techfundingnews.com/figure-ai-raises-over-1b-at-a-39b-valuation-advancing-humanoid-robotics-for-real-world-labour/","label":"Figure AI raised $1B+ at $39B valuation (Series C)","title":"Figure AI raised $1B+ at $39B valuation (Series C)","mediaType":"article","sourceName":"Tech Funding News","publishedAt":"2025-09-17"},{"url":"https://www.figure.ai/news/series-c","title":"Figure Exceeds $1B in Series C Funding at $39B Post-Money Valuation (Sept 16, 2025) - led by Parkway VC; incl. Brookfield, NVIDIA, Intel Capital, Qualcomm Ventures, Salesforce, LG, T-Mobile","sourceName":"Figure AI (official)"},{"url":"https://www.prnewswire.com/news-releases/figure-raises-675m-at-2-6b-valuation-and-signs-collaboration-agreement-with-openai-302074897.html","title":"Figure raises $675M Series B at $2.6B valuation; OpenAI collaboration agreement (Feb 29, 2024)","sourceName":"Figure (PR Newswire)"},{"url":"https://techcrunch.com/2024/02/29/figure-rides-the-humanoid-robot-hype-wave-to-2-6b-valuation-and-openai-collab/","title":"Figure hits $2.6B valuation on $675M Series B (Microsoft, OpenAI, NVIDIA, Bezos, Intel) (Feb 2024)","sourceName":"TechCrunch"},{"url":"https://www.therobotreport.com/figure-ai-raises-675m-to-commercialize-humanoids/","title":"Figure AI raises $675M to commercialize humanoids (Feb 2024)","sourceName":"The Robot Report"},{"url":"https://www.prnewswire.com/news-releases/figure-exceeds-1b-in-series-c-funding-at-39b-post-money-valuation-302556936.html","title":"Figure exceeds $1B Series C at $39B (Parkway, Brookfield, NVIDIA, Intel, LG, Salesforce, T-Mobile, Qualcomm) (Sept 2025)","sourceName":"Figure (PR Newswire)"},{"url":"https://techcrunch.com/2025/09/16/figure-reaches-39b-valuation-in-latest-funding-round/","title":"Figure reaches $39B valuation in Series C (Sept 16, 2025)","sourceName":"TechCrunch"},{"url":"https://www.intelcapital.com/figure-exceeds-1b-in-series-c-funding-at-39b-post-money-valuation/","title":"Figure Series C at $39B (Intel Capital, investor)","sourceName":"Intel Capital"},{"url":"https://www.robotics247.com/article/general_purpose_humanoid_developer_figure_ai_exceeds_1_billion_after_series_c_funding_round","title":"Figure AI exceeds $1B after Series C (Sept 2025)","sourceName":"Robotics 24/7"}],"keyFacts":[{"label":"Valuation","value":"$39B (Series C, Sept 2025), up ~15x from $2.6B (Feb 2024)"},{"label":"Funding raised","value":"~$1.7B total (incl. $1B+ Series C); investors incl. NVIDIA, Qualcomm"},{"label":"Current robot","value":"Figure 03 (16 DoF/hand); Figure 02 ran the BMW Spartanburg production deployment"},{"label":"AI stack","value":"Helix (in-house vision-language-action)"},{"label":"Manufacturing","value":"BotQ facility, up to ~12,000 units/yr capacity (plan)"},{"label":"Flagship deployment","value":"Figure 02 production deployment at BMW Spartanburg (ended)"},{"label":"Near-term model","value":"Industrial RaaS; home autonomy not yet unsupervised-ready (per CEO)"},{"label":"wikidata","value":"https://www.wikidata.org/wiki/Q124647366"},{"label":"Production rate","value":"1 humanoid robot per hour (company-reported by Brett Adcock, up from 1/day)"},{"label":"Figure 03 production ramp","value":"announced April 29, 2026"},{"label":"BotQ","value":"high-volume manufacturing facility for Figure 03"}],"aliases":["Figure","Figure Robotics"],"collisionRisk":"low","reviewNote":null,"atsProvider":"greenhouse","atsSlug":"figureai","factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"createdAt":"2026-05-25T17:24:17.276Z","updatedAt":"2026-07-08T03:04:15.478Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/figure-ai","url":"https://registry.deploy.report/companies/figure-ai","name":"Figure AI","alternateName":["Figure","Figure Robotics"],"description":"Sunnyvale-based humanoid-robotics company founded in 2022, among the fastest-moving US humanoid developers from prototype to production partnership. Its industrial humanoid [Figure 02](/models/figure-02) ran a flagship production deployment at [BMW](/companies/bmw)'s Spartanburg plant (since ended); the next-generation [Figure 03](/models/figure-03) (with notably dexterous hands, 16 DoF per hand) is its current platform, increasingly oriented toward both industrial RaaS and eventual home use. Figure develops its own [Helix](/brains/helix) vision-language-action AI and operates BotQ, a manufacturing facility tooled to produce up to ~12,000 Figure robots per year.\n\nFinancials: Figure raised over $1 billion in a Series C (September 2025) at a $39 billion valuation, a roughly 15x jump from its $2.6 billion valuation in February 2024, bringing total funding raised to roughly $1.7 billion. Investors include NVIDIA and Qualcomm Ventures.\n\nReality check: Figure's elevated valuation is partly home-market optionality; CEO [Brett Adcock](/people/brett-adcock) has acknowledged home autonomy is not yet ready for unsupervised operation, so near-term revenue is industrial robots-as-a-service. The BMW deployment, though small in unit count, represents genuine factory integration rather than lab demos. BotQ's 12,000/yr is production capacity, not current output.","identifier":["7107d624-dbc3-4d73-9103-1138ebf6f754",{"@type":"PropertyValue","propertyID":"wikidata","value":"Q124647366"}],"foundingDate":"2022","address":"Sunnyvale, California, USA","sameAs":["https://www.wikidata.org/wiki/Q124647366"],"publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":11,"primary_source_types":["knowledge-base","primary-company-ir","secondary-industry-publication","secondary-trade-publication"]}}}