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Apptronik creates new subsidiary for ‘superhuman industrial automation’

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Apptronik, the AI-powered robotics company, has announced the creation of Elevate Robotics, a wholly owned subsidiary that will focus on automating industrial tasks beyond the limits of the human form.

Apptronik’s flagship humanoid robot Apollo is the result of a decade of development, during which the company built more than 15 robotics systems and made numerous significant technological advancements.

While Apptronik will continue to focus on Apollo and push the boundaries of humanoid robotics, Elevate will reshape the future of heavy-duty industrial-scale work. [Read more…] about Apptronik creates new subsidiary for ‘superhuman industrial automation’

Apptronik raises more than $400 million in additional Series A funding

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Apptronik, the AI-powered humanoid robotics company, has successfully closed an “oversubscribed” $403 million Series A funding round, adding an extra $53 million to the previously announced $350 million round led by B Capital and Capital Factory, with participation from Google.

Mercedes-Benz, Japan Post Capital, ARK Invest, Helium-3, Magnetar, RyderVentures (the corporate venture capital arm of Ryder System), a syndicate led by Korea Investment Partners, and others are also joining the oversubscribed round, reflecting strong market demand and investor confidence in Apptronik’s leadership, unique design and technology, and transformative vision for embodied AI.

The Series A funding will fuel production and deployment of Apptronik’s AI-powered humanoid robot, Apollo, and support growing customer demand across key industries – including automotive, electronics manufacturing, third-party logistics, beverage bottling and fulfillment, and consumer packaged goods. [Read more…] about Apptronik raises more than $400 million in additional Series A funding

Apptronik and Jabil partner to scale production of humanoid robots for manufacturing

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Apptronik, the AI-powered humanoid robotics company, and Jabil, an engineering, manufacturing, and supply chain solutions company, have agreed a strategic collaboration to build Apollo humanoid robots and integrate them into specific Jabil manufacturing operations.

This includes the production lines that will build Apollo humanoid robots, paving the way for Apollo to build Apollo.

As part of the pilot program, newly manufactured Apollo units will leverage Jabil’s factory environment for real-world validation testing. [Read more…] about Apptronik and Jabil partner to scale production of humanoid robots for manufacturing

Humanoid robot maker Apptronik raises staggering $350 million from investors including Google

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Humanoid robot maker Apptronik has successfully closed a whopping $350 million Series A funding round co-led by B Capital and Capital Factory, with participation from Google.

The new funding marks a pivotal moment for Apptronik, fueling the deployment of Apollo – its groundbreaking humanoid robot – while enabling the company to scale operations, accelerate innovation, and grow its world-class team to meet the surging demand for next-generation, AI-powered humanoid robots.

Jeff Cardenas, CEO and co-founder of Apptronik, says: “We’re creating the world’s most advanced and capable humanoid robots, designed to work alongside humans in meaningful and transformative ways. [Read more…] about Humanoid robot maker Apptronik raises staggering $350 million from investors including Google

Apptronik partners with Google DeepMind to accelerate advancement of humanoid robots

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Apptronik, the AI-powered humanoid robotics company, has entered a strategic partnership agreement with the Google DeepMind robotics team.

The partnership will bring together “best-in-class artificial intelligence with cutting-edge hardware and embodied intelligence, advancing humanoid robots that can be more helpful to people in dynamic environments”, according to the companies.

Jeff Cardenas, CEO and co-founder of Apptronik, says: “We’re building a future where humanoid robots address urgent global challenges. [Read more…] about Apptronik partners with Google DeepMind to accelerate advancement of humanoid robots

Apptronik says its humanoid robot will ‘redefine the future of work’

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Apptronik, a developer of general purpose robots designed to change the way we live and work, has unveiled Apollo, which it says is “the world’s most capable humanoid robot”.

Designed to transform the industrial workforce and beyond in service of improving the human experience, Apollo is the first commercial humanoid robot that was designed for friendly interaction, mass manufacturability, performance, and safety.

Jeff Cardenas, co-founder and CEO of Apptronik, says: “As labor challenges and employment trends continue to impact our economy, we need to fundamentally change the way we think about work, particularly in the warehouse and the supply chain. [Read more…] about Apptronik says its humanoid robot will ‘redefine the future of work’

Apptronik and Terex to jointly develop robots for commercial use

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Apptronik, a maker of general-purpose robots, exoskeletons and humanoids, has received an equity investment from Terex Corporation and has reached an agreement with Terex to co-develop “first-of-a-kind robots” to work alongside workers to support safety, productivity, and efficiency of industries that power the economy and are essential to building infrastructure.

Robots have long held the promise of solving labor shortages and productivity issues, but until recently have been limited to performing repetitive tasks within structured environments such as warehouses or factories.

While robots have proven useful at completing dull and repetitive tasks in controlled environments, they have not been leveraged for more complex tasks in unstructured environments. [Read more…] about Apptronik and Terex to jointly develop robots for commercial use

Apptronik signs partnership with NASA for humanoid robots

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Apptronik, an Austin, US-based company specializing in the development of versatile, mobile robotic systems, has agreed a partnership with NASA to accelerate commercialization of its new humanoid robot.

The robot, called Apollo (main picture), will be one of the first humanoids available to the commercial markets.

At Apptronik’s headquarters in Austin, Texas, the first prototype of Apollo is now complete, with the expectation of broader commercial availability in 2023. [Read more…] about Apptronik signs partnership with NASA for humanoid robots

Apptronik raises $15 million for its humanoid robots

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Apptronik, an Austin-based robotics company specializing in the development of exoskeletons and collaborative robotics systems, says it raised $14.6 million in a Seed Round, including Capital Factory, Grit Ventures, Perot Jain and other strategic investors.

This funding will go toward fulfilling the company’s current customer orders while accelerating the commercialization of one of the industry’s first mass-produced humanoid robots capable of working alongside humans.

Apptronik is positioned to scale its deep portfolio of safe, intelligent, versatile, and adaptable robotic technology for unstructured environments across enterprises. [Read more…] about Apptronik raises $15 million for its humanoid robots