Figure AI
Humanoid Robotics
- Valuation
- ~$39B(2025)
- Total Funding
- $1.7B+
- Profit Status
- Pre-revenue / early commercial deployment
- Employees
- ~300
About Figure AI
Figure AI is a humanoid robotics company building general-purpose autonomous robots for commercial and home use. Its Figure 02 and Figure 03 humanoids combine dexterous hardware with Helix, an in-house vision-language-action (VLA) model that lets the robots see, reason, and act from natural-language instructions. After ending its OpenAI collaboration to build AI in-house, Figure reached a reported $39B valuation in 2025.
Company History
Founded 2022 by serial entrepreneur Brett Adcock. Unveiled Figure 01 humanoid in 2023 and partnered with OpenAI for AI models. Raised $675M Series B at $2.6B (Feb 2024) from Microsoft, OpenAI, NVIDIA, Bezos Expeditions, and Intel Capital. Signed BMW as a commercial partner for deployment in auto manufacturing. Ended the OpenAI partnership in early 2025 to develop AI in-house, unveiling Helix, a vision-language-action model. Launched Figure 03 and the BotQ high-volume manufacturing facility. Reported a ~$39B valuation raise in 2025, making it one of the most valuable robotics startups in the world.
Company Timeline
6 milestones- 2022Founded by Brett Adcock
- 2023Figure 01 humanoid unveiled; OpenAI partnership announced
- Feb 2024$675M Series B at $2.6B; BMW manufacturing partnership
- Aug 2024Figure 02 unveiled - next-generation humanoid
- Feb 2025Ends OpenAI partnership; unveils Helix in-house VLA model
- 2025Figure 03 and BotQ factory launched; reported ~$39B valuation
Funding Rounds
3 rounds| Date | Round | Amount | Investors |
|---|---|---|---|
| May 2023 | Series A | $70M | Parkway Venture Capital, Align Ventures |
| Feb 2024 | Series B | $675M | Microsoft, OpenAI, NVIDIA, Bezos Expeditions, Intel Capital |
| 2025 | Series C | ~$1B (reported) | Parkway Venture Capital, ~$39B valuation |
Products & Services
5- Figure 01
- Figure 02
- Figure 03
- Helix (VLA model)
- BotQ (manufacturing)
People & ecosystem
Key People
- Brett Adcock (Founder & CEO)
Key Investors
- Microsoft
- OpenAI (former)
- NVIDIA
- Bezos Expeditions
- Intel Capital
- Parkway Venture Capital
- Align Ventures
Competitive Landscape
- Tesla (Optimus)
- 1X Technologies
- Agility Robotics
- Apptronik
- Boston Dynamics