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Apptronik

AI-powered humanoid robots for industrial and commercial labor.
Robotics 📍 Austin, Texas, USA Founded 2016
Current Valuation
$5.0B
as of 2026-Q1
UNICORN
Apptronik is the maker of Apollo, a 5'8" general-purpose humanoid robot designed for warehouse, logistics, and manufacturing work. Spun out of the University of Texas at Austin's Human Centered Robotics Lab, the company raised $935M total at a $5B valuation as of February 2026, with backing from Google and a deep collaboration with Mercedes-Benz.

Company Profile

CEO
Jeff Cardenas
Founded
2016
HQ
Austin, Texas, USA
Employees
~300
Total Raised
$935M
Last Round
Series A-X (extension) — $520M (Feb 2026) · Lead: Google / Capricorn Investment Group
IPO Status
private

Founders & Key People

Jeff CardenasNick PaineLuis Sentis

Investors

Google · Capricorn Investment Group · B Capital · Mercedes-Benz · Fidelity · ARK Invest · RRE Ventures

Products

  • Apollo (general-purpose humanoid)
  • Astra (collaborative arm)
  • Robotic exoskeletons

Competitors

Figure AI · 1X Technologies · Agility Robotics · Sanctuary AI · Tesla (Optimus) · Unitree
roboticshumanoidaiindustrial-automationgeneral-purpose-robots
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q1. Refreshed quarterly.