Robotics startup Figure AI in talks for new funding at $39.5 billion valuation

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Robotics startup Figure AI is in talks with investors to raise $1.5 billion in funding that would value the company at $39.5 billion, Bloomberg News reported on Friday, citing people familiar with the matter.

Align Ventures and Parkway Venture Capital are expected to lead the deal, the report said, adding that the terms of the transaction are not yet finalized and could change.

Align Ventures and Figure AI did not immediately respond to requests for comment on the report.

Last year, Figure AI said it raised $675 million in a funding round, with…



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Robotics startup Figure AI in talks for new funding at $39.5 billion valuation


Robotics startup Figure AI is in talks with investors to raise $1.5 billion in funding that would value the company at $39.5 billion, Bloomberg News reported on Friday, citing people familiar with the matter.

Align Ventures and Parkway Venture Capital are expected to lead the deal, the report said, adding that the terms of the transaction are not yet finalized and could change.

Align Ventures and Figure AI did not immediately respond to requests for comment on the report.

Last year, Figure AI said it raised $675 million in a funding round, with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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