Robotics startup Figure valued at $39 billion in latest funding round

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AI robotics company Figure said on Tuesday it had received over $1 billion in committed capital in its latest funding round that valued the firm at $39 billion post money.

The series C round was led by Parkway Venture Capital, and also saw participation from industry majors such as Nvidia , Intel Capital, LG Technology Ventures, Salesforce , T-Mobile Ventures, and Qualcomm Ventures.

Venture capital firms have been pouring massive amounts into companies that leverage artificial intelligence, helping them stay private for longer.

US startup funding is set…



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Robotics startup Figure valued at $39 billion in latest funding round



AI robotics company Figure said on Tuesday it had received over $1 billion in committed capital in its latest funding round that valued the firm at $39 billion post money.

The series C round was led by Parkway Venture Capital, and also saw participation from industry majors such as Nvidia , Intel Capital, LG Technology Ventures, Salesforce , T-Mobile Ventures, and Qualcomm Ventures.

Venture capital firms have been pouring massive amounts into companies that leverage artificial intelligence, helping them stay private for longer.

US startup funding is set…



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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