Apptronik
Austin humanoid maker behind Apollo, deployed with Mercedes-Benz and GXO. Has raised $935M at a $5B valuation.
Overview
Apptronik builds Apollo, a general-purpose humanoid designed for manufacturing and logistics work, spun out of UT Austin's Human Centered Robotics Lab by Jeff Cardenas, Nick Paine, and Luis Sentis — a lineage that runs back to NASA's Valkyrie humanoid program. Apollo pilots run with Mercedes-Benz, GXO, and Jabil, and Google DeepMind supplies part of the AI stack through a formal partnership. The money followed the pilots: a $350M Series A led by B Capital in February 2025, then a $520M extension in February 2026 that brought total funding to $935M at a $5B valuation, with Google, Mercedes-Benz, John Deere, PEAK6, and the Qatar Investment Authority on the cap table.
Funding History
Extension takes total funding to $935M at a $5B valuation, adding John Deere, PEAK6, and Qatar's sovereign fund.
B Capital leads one of the largest Series A rounds in robotics as Apollo pilots expand with Mercedes-Benz and GXO.
Frequently Asked Questions
- How much has Apptronik raised in total?
- Apptronik has raised a total of $870M across 2 funding rounds.
- Who are Apptronik's investors?
- Apptronik's investors include ARK Invest, Google, B Capital, Mercedes-Benz, PEAK6, and 2 others.
- What does Apptronik do?
- Apptronik builds Apollo, a general-purpose humanoid designed for manufacturing and logistics work, spun out of UT Austin's Human Centered Robotics Lab by Jeff Cardenas, Nick Paine, and Luis Sentis — a lineage that runs back to NASA's Valkyrie humanoid program. Apollo pilots run with Mercedes-Benz, GXO, and Jabil, and Google DeepMind supplies part of the AI stack through a formal partnership. The money followed the pilots: a $350M Series A led by B Capital in February 2025, then a $520M extension in February 2026 that brought total funding to $935M at a $5B valuation, with Google, Mercedes-Benz, John Deere, PEAK6, and the Qatar Investment Authority on the cap table.
- When was Apptronik founded?
- Apptronik was founded in 2016 and is headquartered in Austin, TX.
- Where is Apptronik headquartered?
- Apptronik is headquartered in Austin, TX.
Investors
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