Figure AI Private Investment Profile
Valuation history, key backers, and how accredited investors access Figure AI pre-IPO.
Figure AI is the $39B humanoid robotics company whose Figure 02 robot has logged 1,250+ hours at a BMW factory, with a BotQ facility planned to produce 12,000 humanoids per year.
Founded
2022
Sunnyvale, CA
Last Private Valuation
$39B
Sep 2025 Series C
Sector
Humanoid Robotics
Manufacturing · Logistics
Key Backers
Brookfield, NVIDIA
Intel, OpenAI, Bezos
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Figure AI: Latest Developments
Last updated: 2026-04-15
Figure AI valued at $39B in $1B+ Series C
Round included Brookfield, Intel, NVIDIA, Qualcomm, Salesforce, Macquarie Capital, and T-Mobile. Total funding exceeded $1.9B.
1,250+ runtime hours logged at BMW factory
Figure's humanoid robots loaded 90,000+ parts across 30,000 vehicles at a BMW manufacturing facility — the most extensive production deployment of humanoid robots to date.
The
Private
Market
Case
A deep look at what makes Figure AI one of the most studied private investments.
Figure AI: From Founding to $39B in Three Years
Figure AI was founded in 2022 in Sunnyvale by Brett Adcock (CEO, also founded Archer Aviation) with a singular focus: build general-purpose humanoid robots for commercial deployment. The company moved at extraordinary speed — its first humanoid prototype was operational within 18 months, and commercial units were delivered to BMW in December 2024.
The funding trajectory: $675M Series B at $2.6B in early 2024 (with an OpenAI collaboration agreement), then a $1B+ Series C at $39B in September 2025. Investors include Brookfield, Intel, NVIDIA, Qualcomm, Salesforce, Microsoft, OpenAI, and Jeff Bezos. At the BMW factory, Figure's robots loaded 90,000+ parts across 30,000 vehicles during 1,250+ runtime hours.
Key Risks
Humanoid robotics is capital-intensive and technically difficult — the gap between a demo and a reliable factory worker is enormous. Competition from Tesla (Optimus), Apptronik (Apollo), 1X Technologies, and others is accelerating. The $39B valuation is based on future commercial potential, not current revenue — Figure is pre-meaningful-revenue. BotQ manufacturing at 12,000 units/year is an ambitious target that hasn't been demonstrated yet.
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The
Investment
Story
Brett Adcock founds Figure AI in Sunnyvale, CA.
$675M Series B at $2.6B. Collaboration agreement with OpenAI signed.
First robots delivered to BMW — commercial deployment begins.
$1B+ Series C at $39B valuation. BotQ manufacturing facility announced.
What Makes Figure AI Special
The structural advantages that matter for private investors.
Proven in Production (BMW)
1,250+ runtime hours at a BMW factory, loading 90,000+ parts across 30,000 vehicles. Not a demo — real production deployment with a Tier 1 manufacturer.
BotQ: Robots Building Robots
Planned manufacturing facility to produce 12,000 humanoids per year — with Figure's own robots assisting in the production line. If it works, manufacturing scales exponentially.
OpenAI Collaboration
Signed collaboration agreement with OpenAI for frontier AI integration into humanoid robots. The combination of OpenAI's language/reasoning models with Figure's physical hardware is one of the most watched partnerships in AI.
Frequently
Asked
Questions
Common questions about investing in Figure AI through private markets.
Can you invest in Figure AI?
What is Figure AI's valuation?
Who are Figure AI's investors?
How is Figure AI different from Tesla's Optimus?
Has Figure AI deployed robots commercially?
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Sources & last fact-check (2026-04-15)
- valuation: https://www.eesel.ai/blog/figure-ai (retrieved 2026-04-15)
- valuation: https://sacra.com/c/figure-ai/ (retrieved 2026-04-15)
- latestDevelopments: https://www.prnewswire.com/news-releases/figure-raises-675m-at-2-6b-valuation-and-signs-collaboration-agreement-with-openai-302074897.html (retrieved 2026-04-15)