Krux
February 15, 2026
Humanoid Robot Startup Apptronik Hits $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 monster $520 million Series A extension, bringing its total Series A to $935 million and pushing its valuation to roughly $5 billion. Google, Mercedes-Benz, AT&T Ventures, John Deere, and Qatar's sovereign wealth fund are all betting big on Apollo—the company's humanoid robot designed for factory floors and warehouses. The fresh cash will scale Apollo production, open a robot-training facility in Austin, and expand deployments globally. With over $1 billion raised and partnerships spanning Mercedes to GXO Logistics, Apptronik is racing to put collaborative bots alongside human workers, not replace them. This mega-round signals that industrial humanoids are moving from prototype to production line, potentially reshaping how...
What happened
Apptronik just closed a monster $520 million Series A extension, bringing its total Series A to $935 million and pushing its valuation to roughly $5 billion. Google, Mercedes-Benz, AT&T Ventures, John Deere, and Qatar's sovereign wealth fund are all betting big on Apollo—the company's humanoid robot designed for factory floors and warehouses. The fresh cash will scale Apollo production, open a robot-training facility in Austin, and expand deployments globally. With over $1 billion raised and partnerships spanning Mercedes to GXO Logistics, Apptronik is racing to put collaborative bots alongside human workers, not replace them.
Why it matters
This mega-round signals that industrial humanoids are moving from prototype to production line, potentially reshaping how manufacturing and logistics operate at scale.