Robotics & Automation News

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Figure to supply ‘general purpose’ humanoid robots to BMW Manufacturing

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Figure, a California-based company developing autonomous humanoid robots, has signed a commercial agreement with BMW Manufacturing to install general purpose robots in automotive manufacturing environments.

Figure says its humanoid robots enable the automation of difficult, unsafe, or tedious tasks throughout the manufacturing process, which in turn allows employees to focus on skills and processes that cannot be automated, as well as continuous improvement in production efficiency and safety.

Brett Adcock, founder and CEO of Figure, says: “Single-purpose robotics have saturated the commercial market for decades, but the potential of general purpose robotics is completely untapped. [Read more…] about Figure to supply ‘general purpose’ humanoid robots to BMW Manufacturing

Figure raises $70 million Series A to support commercialization of Figure 01 humanoid robot

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A robotics startup called Figure, an AI Robotics company building general purpose humanoid robots, has raised $70 million in its Series A funding round. The company says the new funding will be used to accelerate the development of Figure 01, which is the company’s autonomous humanoid robot, build out Figure’s AI data pipeline for autonomous operations, and drive towards commercialization.

The round is led by Parkway Venture Capital and joined by participating investments from Brett Adcock, Aliya Capital, Bold Capital Partners, Tamarack Global, FJ labs, and Kuka Robotics CEO Till Reuter. This funding news comes on the heels of Figure’s emergence from stealth.

Figure is building humanoid robots designed for initial deployment into the workforce to address labor shortages and to support supply chain on a global scale. In recent months, Figure made notable hires across AI, Controls, Manipulation, Perception, and Commercial Operations. [Read more…] about Figure raises $70 million Series A to support commercialization of Figure 01 humanoid robot