Figure AI

Figure AI is the most heavily capitalised pure-play humanoid robotics company, valued at $39 billion after its September 2025 Series C and having raised over $1.9 billion from OpenAI, Microsoft, Bezos Expeditions, Intel Capital, and Parkway Venture Capital. Founded in 2022 by Brett Adcock, Figure builds general-purpose humanoid robots — Figure 02 and Figure 03 — designed to work safely alongside humans in factory environments.

The company completed the first commercial humanoid deployment in history: Figure 02 robots spent 1,250 operational hours on BMW Spartanburg production line, loading 90,000+ parts with >99% placement accuracy per shift while meeting 84-second cycle time targets, contributing to more than 30,000 vehicles. BMW is expanding the deployment to Plant Leipzig, Germany in summer 2026 — the first European commercial humanoid deployment.

Figure operates BotQ, a dedicated humanoid manufacturing facility with initial capacity of 12,000 units per year scaling to 100,000 annually. Commercial deployment uses a Robot-as-a-Service model at approximately $1,000 per robot per month, covering hardware, software updates, maintenance, and support.

Figure AI systems learn new tasks through end-to-end neural networks trained on human demonstration data, enabling transfer across environments without retraining.