Figure Secures $1 Billion Series C Funding, Achieves $39 Billion Valuation
Figure, a San Jose-based humanoid robotics company, announced on Tuesday that it has raised over $1 billion in its latest Series C funding round, pushing its valuation to $39 billion. This marks the largest capital injection for the company since its founding in 2022.
Investor Participation and Strategic Objectives
The funding round was led by Parkway Venture Capital and included key investors such as Brookfield Asset Management, Nvidia, and Intel Capital. Figure plans to deploy the capital to expand its fleet of humanoid robots designed to operate alongside humans in environments like warehouses and factories. Additionally, the company aims to build infrastructure to accelerate robot training and advance data collection initiatives essential for improving robotic performance.
Growth Trajectory and Market Position
Since its inception, Figure has raised nearly $2 billion, reflecting strong investor confidence in its technology and market potential. Earlier in 2025, CEO Brett Adcock described Figure as the most sought-after private stock, underscoring high demand among investors. However, the company has also taken steps to control its share distribution by issuing cease-and-desist letters to unauthorized secondary brokers, a practice confirmed by Figure in April.
TechCrunch has reached out to Figure for additional comments but has not yet received a response.
FinOracleAI — Market View
Figure’s substantial Series C funding and $39 billion valuation underscore growing investor confidence in humanoid robotics as a transformative force in industrial automation. The capital infusion will enable rapid scaling and technology refinement, positioning Figure as a leading player in the sector. However, the company’s efforts to restrict secondary market trading could introduce some friction among investors and affect liquidity.
Impact: positive
