Figure now valued at $39B as investors bet on humanoid robots

Figure, a startup developing humanoid robots, has reached a valuation of $39 billion after the latest round of investment.

The Sunnyvale, California-based company is on track to become one of the most valuable startups after receiving more than $1 billion in committed capital in the latest funding round.

“The funding will accelerate our efforts to bring general-purpose humanoid robots into real-world environments at scale,” Figure said in a statement.

Parkway Venture Capital led the investment round, which also included backing from Nvidia, Intel Capital, LG Technology Ventures, Salesforce, and Qualcomm Ventures, among others.

Amazon’s Jeff Bezos, OpenAI, and Microsoft had previously also invested in Figure, which was founded in 2022 and quickly capitalized on the advancements of artificial intelligence (AI) to build human-like robots.

Figure had also partnered with BMW, deploying some of its robots to do factory work in the German automaker’s South Carolina plant.

The company also regularly posts video clips that it says show its robots autonomously folding laundry or loading a dishwasher – mundane tasks for humans but generally challenging to robots.

Today we're unveiling F.02 loading the dishwasher autonomously pic.twitter.com/gVGW7BlAAZ

undefined Figure (@Figure_robot) September 3, 2025

Earlier this year, Figure said it wanted to deliver 100,000 humanoid robots “over the next four years,” a goal that’s among the most ambitious in the market.

However, humanoid robots could become a common sight over the next decade, with some estimates putting it at “billions” of units from different manufacturers operating across the world by 2040.

Goldman Sachs projects the global humanoid market to reach $38 billion by 2035, while Morgan Stanley forecasts it will reach $5 trillion by 2050.