Figure AI said it has closed a $1.5 billion Series C funding round, a major capital boost aimed at expanding production of its humanoid robots and preparing them for broader industrial use. The company said the money will help it scale manufacturing and deployment as demand grows for automation tools in factories and warehouses.

The round included a mix of new and existing investors, underscoring continued interest in robotics companies that promise to tackle labor shortages and repetitive tasks. Figure AI has positioned its machines as a way to bring humanoid robots into practical commercial settings rather than keep them limited to research labs.

The latest fundraising comes as competition intensifies across the robotics sector, where companies are racing to turn advanced prototypes into reliable products. For Figure AI, the fresh capital gives it more room to build production capacity, refine its systems, and push farther into industrial markets.

While the company has not detailed every deployment target, the size of the round signals strong investor confidence in the long-term case for humanoid automation. The challenge now is execution: building robots at scale, keeping them dependable, and proving they can work safely in real-world operations.

Industrial automation

Figure AI raises $1.5 billion to speed humanoid robot production