Krux
February 15, 2026
Humanoid Robot Maker Apptronik Hits $5.5B Valuation
Published: February 15, 2026 at 8:12 AM
Updated: February 15, 2026 at 8:12 AM
100-word summary
Apptronik just closed a massive $520 million Series A extension, pushing its total Series A to over $935 million and nearing $1 billion in total capital raised. Google, Mercedes-Benz, and B Capital led the round, joined by fresh backers AT&T Ventures, John Deere, and Qatar's sovereign wealth fund. The Austin-based startup now clocks a $5.5 billion valuation. The cash will scale production of Apollo—its AI-powered humanoid built for logistics and manufacturing—and fund a new robot launch in 2026. With 300 employees and partnerships spanning Mercedes, GXO, and Google DeepMind's Gemini AI, Apptronik is racing to put robots on factory floors. This signals humanoid robotics is moving from hype to real-world...
What happened
Apptronik just closed a massive $520 million Series A extension, pushing its total Series A to over $935 million and nearing $1 billion in total capital raised. Google, Mercedes-Benz, and B Capital led the round, joined by fresh backers AT&T Ventures, John Deere, and Qatar's sovereign wealth fund. The Austin-based startup now clocks a $5.5 billion valuation. The cash will scale production of Apollo—its AI-powered humanoid built for logistics and manufacturing—and fund a new robot launch in 2026. With 300 employees and partnerships spanning Mercedes, GXO, and Google DeepMind's Gemini AI, Apptronik is racing to put robots on factory floors.
Why it matters
This signals humanoid robotics is moving from hype to real-world deployment, with deep-pocketed corporates betting big on automation at scale.