{"id":183775,"date":"2024-02-27T05:23:49","date_gmt":"2024-02-27T11:23:49","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/02\/report-figure-ai-to-raise-675-million-for-human-like-robots"},"modified":"2024-02-27T05:23:49","modified_gmt":"2024-02-27T11:23:49","slug":"report-figure-ai-to-raise-675-million-for-human-like-robots","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/02\/report-figure-ai-to-raise-675-million-for-human-like-robots","title":{"rendered":"Report: Figure AI to Raise $675 Million for Human-Like Robots"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/report-figure-ai-to-raise-675-million-for-human-like-robots.jpg\"><\/a><\/p>\n<p><a class=\"\" href=\"https:\/\/www.figure.ai\/\" target=\"_blank\" rel=\"noopener\"> Figure AI<\/a>, a startup developing human-like robots, is reportedly in the process of raising $675 million in funding, with a pre-money valuation of roughly $2 billion.<\/p>\n<p>Among the investors are Jeff Bezos\u2019 <a class=\"\" href=\"https:\/\/www.exploreinv.com\/\" target=\"_blank\" rel=\"noopener\"> Explore Investments<\/a>, <a class=\"\" href=\"https:\/\/www.microsoft.com\/en-us\/\" target=\"_blank\" rel=\"noopener\"> Microsoft<\/a>, <a class=\"\" href=\"https:\/\/www.nvidia.com\/en-us\/\" target=\"_blank\" rel=\"noopener\"> Nvidia<\/a> and an Amazon-affiliated fund, Bloomberg <a class=\"\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-23\/bezos-nvidia-join-openai-microsoft-in-funding-humanoid-robot-startup-figure-ai?srnd=premium\" target=\"_blank\" rel=\"noopener\"> reported<\/a> Friday (Feb. 23), citing unnamed sources.<\/p>\n<p>Other backers include <a class=\"\" href=\"https:\/\/www.intel.com\/content\/www\/us\/en\/homepage.html\" target=\"_blank\" rel=\"noopener\"> Intel<\/a> \u2019s venture capital arm, <a class=\"\" href=\"https:\/\/www.lginnotek.com\/\" target=\"_blank\" rel=\"noopener\"> LG Innotek<\/a>, <a class=\"\" href=\"https:\/\/www.samsung.com\/us\/\" target=\"_blank\" rel=\"noopener\"> Samsung<\/a> \u2019s investment group, <a class=\"\" href=\"https:\/\/parkway.vc\/\" target=\"_blank\" rel=\"noopener\"> Parkway Venture Capital<\/a>, <a class=\"\" href=\"https:\/\/www.align.vc\/\" target=\"_blank\" rel=\"noopener\"> Align Ventures<\/a>, <a class=\"\" href=\"https:\/\/ark-ventures.com\/\" target=\"_blank\" rel=\"noopener\"> ARK Venture Fund<\/a>, <a class=\"\" href=\"https:\/\/aliyacapitalpartners.com\/\" target=\"_blank\" rel=\"noopener\"> Aliya Capital Partners<\/a>, <a class=\"\" href=\"https:\/\/www.tamarackinvest.com\/\" target=\"_blank\" rel=\"noopener\"> Tamarack<\/a>, Boscolo Intervest and <a class=\"\" href=\"https:\/\/boldcapitalpartners.com\/\" target=\"_blank\" rel=\"noopener\"> BOLD Capital Partners<\/a>, according to the report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Figure AI, a startup developing human-like robots, is reportedly in the process of raising $675 million in funding, with a pre-money valuation of roughly $2 billion. Among the investors are Jeff Bezos\u2019 Explore Investments, Microsoft, Nvidia and an Amazon-affiliated fund, Bloomberg reported Friday (Feb. 23), citing unnamed sources. Other backers include Intel \u2019s venture capital [\u2026]<\/p>\n","protected":false},"author":367,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,6],"tags":[],"class_list":["post-183775","post","type-post","status-publish","format-standard","hentry","category-finance","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/183775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=183775"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/183775\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=183775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=183775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=183775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}