Figure AI Valued at $39 Billion Following Over $1 Billion Series C Funding and Strategic Brookfield Partnership

Figure AI, a prominent developer of autonomous general-purpose humanoid robots, has announced the successful closure of its Series C funding round, securing over $1 billion in committed capital. This significant investment elevates the company's post-money valuation to an impressive $39 billion, solidifying its financial position in the burgeoning humanoid robotics sector. The funding is earmarked to accelerate the scaling of its AI platform, Helix, and its robot manufacturing arm, BotQ, alongside a pivotal partnership with global asset manager Brookfield.

The Series C round was led by Parkway Venture Capital and saw substantial participation from a consortium of major investors, including Brookfield Asset Management, NVIDIA, Macquarie Capital, Intel Capital, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures. This latest capital injection marks a sharp increase from its $2.6 billion valuation last year, when Figure secured $675 million from investors such as Microsoft and Amazon founder Jeff Bezos. The company aims to leverage these funds to deploy humanoid robots into real-world commercial and residential environments at scale.

A cornerstone of Figure's expansion strategy is a new partnership with Brookfield, which manages over $1 trillion in assets and 100,000 residential units globally. This collaboration will support "Project Go-Big," Figure's ambitious initiative to build the world's largest humanoid pretraining dataset. Figure founder and CEO Brett Adcock emphasized the importance of this alliance, stating, > "Brookfield’s scale gives us an unmatched platform to capture massive amounts of real-world, humanlike navigation and manipulation data across a variety of household environments necessary to unlock general-purpose humanoid robots."

The partnership extends beyond data collection, encompassing the development of critical AI infrastructure. Brookfield will assist in scaling Helix, Figure's proprietary vision-language-action model, and facilitate the commercial deployment of robots. Brookfield CEO Bruce Flatt noted that this collaboration "furthers Brookfield’s position at the forefront of integrating artificial intelligence to drive productivity in real assets and business." Figure's F.02 humanoid robot is now capable of learning directly from human video, a capability significantly boosted by access to Brookfield's extensive real estate portfolio for data acquisition.

Industry analysts, such as Ali Javaheri of PitchBook, increasingly view humanoids as being in the same league as foundational AI models or electric vehicles, driven by factors like aging workforces and advancements in AI software and hardware. Adcock expressed confidence in the current landscape for humanoids, stating, > "Right now, we’re in the sweet spot for humanoids: advanced hardware is maturing that can walk and do human-like tasks, production manufacturing is spinning up, and most importantly - neural networks are delivering." He envisions a future where "synthetic humans" scale to billions of units.