Founded in 2022 by Brett Adcock, Figure AI is a trailblazing AI robotics company headquartered in Sunnyvale, California, dedicated to creating the world’s first commercially viable autonomous humanoid robots. These robots are engineered to tackle labor shortages in high-demand sectors such as manufacturing, logistics, warehousing, and retail, with future applications envisioned for household environments. By integrating advanced artificial intelligence, computer vision, and human-like dexterity, Figure AI’s robots, including the Figure 02 and Helix models, can perform a wide range of tasks, from repetitive industrial processes to complex manipulations, improving workplace safety and operational efficiency. The company’s state-of-the-art manufacturing facility, BotQ, is designed to produce 12,000 humanoids annually, with plans to use its own robots to streamline production, creating a scalable, self-sustaining manufacturing ecosystem (Figure AI; Figure AI News).

In February 2025, Figure AI raised $1.5 billion in a Series C funding round, achieving a remarkable valuation of $39.5 billion, a significant leap from its $2.6 billion valuation in 2024 after a $675 million Series B round. Backed by prominent investors such as Microsoft, Nvidia, Intel, and Jeff Bezos, Figure AI has demonstrated strong market confidence. Strategic partnerships, including a collaboration with BMW for deploying robots in automotive manufacturing and ongoing discussions with UPS for logistics applications, highlight its real-world impact. Recent AI advancements, such as reinforcement learning for natural humanoid movements, further solidify its technological leadership. With its scalable production capabilities and growing industry adoption, Figure AI is poised to revolutionize automation, making it a standout investment in the rapidly evolving robotics sector (Figure AI News; TechFundingNews).