Apptronik, an Austin-based robotics startup, recently secured a significant $350 million in Series A funding to enhance its humanoid robotics initiatives. Co-led by B Capital and Capital Factory, this financing includes participation from Google, particularly its DeepMind division. CEO Jeff Cardenas envisions 2025 as a pivotal year for showcasing practical robotic applications, aiming for true commercialization by 2026. Notably, Apptronik leverages a decade of expertise in humanoid robotics, setting it apart from newer competitors as it seeks to establish a stronger market position.
Apptronik aims to demonstrate useful applications for humanoid robots by 2025, with commercialization and scaling targeted for 2026 and beyond.
CEO Jeff Cardenas emphasizes the importance of prior revenue generation over fundraising, which established Apptronik's credibility and vision.
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