Figure, California-based robotics startup, has just pulled off one of the biggest moves in the industry. In September 2025, the company announced a massive $1 billion Series C funding round, pushing its valuation to a staggering $39 billion, up from $2.6 billion just last year. The round was led by Parkway Venture Capital, with backing from some of tech’s biggest names, including NVIDIA, Intel Capital, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures. The investment will accelerate the development of Figure’s humanoid robots, designed to take on repetitive and hazardous tasks in logistics, manufacturing, and even domestic environments.
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The race for humanoid robots
Figure’s rapid rise highlights the global arms race in humanoid robotics. Companies like Tesla, with its Optimus project, and research heavyweights like Meta and NVIDIA are all betting that the next frontier of automation will be human-shaped machines capable of adapting to dynamic environments. By pouring fresh capital into training infrastructure and data collection, Figure aims to move its robots from prototype to large-scale deployment. The promise is clear: plug-and-play humanoids that can help fill critical labor shortages while scaling productivity across industries.
Why it matters
Robotics has long been held back by clunky design and limited adaptability. Figure’s valuation, now on par with established global tech companies, shows how quickly the market believes humanoids could become mainstream. Whether this future means safer factories, more efficient logistics, or the rise of robots in everyday life, the signal is hard to miss: the humanoid robotics race is heating up, and Figure just took pole position.
Source: Reuters
Figure’s funding round: key questions
How much did Figure raise in its latest funding round? Figure raised $1 billion in a Series C funding round announced in September 2025.
What is Figure’s valuation after this funding round? The new funding round pushed Figure’s valuation to $39 billion, compared with $2.6 billion the previous year.
Who invested in Figure? The round was led by Parkway Venture Capital and included major backers such as NVIDIA, Intel Capital, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures.
What does Figure make? Figure develops humanoid robots designed to perform repetitive, difficult, or hazardous tasks in sectors such as logistics, manufacturing, and potentially home environments.
Why is Figure’s funding important? The size of the investment shows how strongly major tech investors believe humanoid robots could become a key part of the next wave of automation.