Figure AI, a startup based in San Jose, California, has drawn attention in recent months for its sleek, humanlike black-and-gray robots doing basic tasks like folding laundry and putting away groceries.
Now, the company has also drawn a fresh round of funding that values the company higher than other corporate titans, including Delta Air Lines and Adidas.
Figure said Tuesday that it had raised over $1 billion from investors at a valuation of $39 billion. The announcement comes amid a blistering year of investment in companies developing humanlike robots.
It reflects “a shared belief in a future where this technology becomes a natural part of daily life,” Figure founder and CEO Brett Adcock said on Tuesday.
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