Figure 03
A humanoid robot built for a range of physical tasks.
Figure AI Funding History
Figure AI is a US company developing general-purpose humanoid robots.
Company Overview
Founded 2022 · San Jose, California, US
Official WebsiteFigure AI Funding Timeline
Series C
$1B · $39B valuation
Figure said it would use the committed capital to deploy its humanoid robots at scale.
Led by Parkway Venture Capital. Participation included NVIDIA, Brookfield, Intel Capital.
Source · figure.ai ↗Series B
US$675 million
Figure announced a collaboration with OpenAI to develop models for humanoid robots. The company said the funding would speed up commercial deployments.
Led by Microsoft, OpenAI Startup Fund.
Source · prnewswire.com ↗Series A
US$70 million
Figure said the round would speed development of its Figure 01 humanoid, build the data pipeline for autonomous operation, and help bring the robot to market.
Led by Parkway Venture Capital. Participation included Brett Adcock.
Source · reuters.com ↗
Figure AI Founding Team
Brett Adcock had founded Archer and Vettery before starting Figure. He set out to build general-purpose humanoid robots that could take on unsafe or difficult jobs.
Figure AI Products
Figure AI Company Development
A Second Factory Task at BMW
Figure’s first BMW deployment assigned Figure 02 to load sheet metal on the assembly line in Spartanburg. When Figure 03 arrived at the same plant in June 2026, the demonstration shifted to logistics sequencing. The newer robot had to handle parts while repositioning itself and moving a cart, extending the work beyond a fixed pick-and-place station.
Figure AI Competitive Landscape
Workplace Tasks and Household Chores
Figure and 1X both build humanoids, but their near-term task settings differ. Figure has demonstrated workplace deployment, whereas 1X’s NEO targets the household. The contrast matters because a recurring station task and work in an unfamiliar home call for different kinds of reliability.
