Apptronik, a robotics company, has recently closed a $350 million Series A funding round to advance its humanoid robot, Apollo. Standing 5'8" and weighing 160 pounds, Apollo is designed for multiple applications such as disaster relief, elder care, and healthcare. The funding, co-led by B Capital and Capital Factory, alongside participation from DeepMind, will enhance Apollo's capabilities, scale operations, and boost manufacturing to meet rising demand across various industries, including logistics and automotive, emphasizing AI integration in robotics for meaningful societal contributions.
"With Apptronik, we see a world in which humanoid robots play a vital role in addressing societal challenges -- from assisting with disaster relief and elder care to supporting space exploration and medical advancements."
"By uniting cutting-edge AI with hardware engineered for meaningful interaction, we're shaping a future where robots become true partners in driving progress."
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