Figure AI, the California-based robotics company, has closed a $1 billion Series C round, pushing its valuation to $39 billion. The funding was led by Parkway Venture Capital with participation from Arcapita Group Holdings, Brookfield Asset Management, and several global technology leaders.
A High-Profile Investment Round
The financing brought together some of the world’s most influential technology and investment firms. Key participants included:
- NVIDIA
- Salesforce
- LG Technology Ventures
- Intel Capital
- T-Mobile Ventures
- Macquarie Capital
- Brookfield Asset Management (as a strategic partner)
Arcapita and Parkway, early backers since Series A, reaffirmed their long-term support. Their involvement signals the increasing role of regional investors in scaling transformative global technologies.
What Figure AI is Building
Figure AI is focused on developing autonomous, general-purpose humanoid robots. These robots are designed to perform complex tasks in commercial and industrial settings. The company’s vision is to address structural labor challenges while enhancing productivity and safety.
The potential applications are wide-ranging:
- Assisting industries facing labor shortages
- Improving workplace safety in hazardous environments
- Unlocking automation at scale across logistics, manufacturing, and services
By combining artificial intelligence with advanced robotics engineering, Figure AI is positioning itself as a leader in next-generation automation.
Brookfield’s Strategic Role
Brookfield Asset Management will play a central role as both investor and partner. The collaboration will include:
- Piloting humanoid robots across its portfolio of over 100,000 residential units
- Helping create the world’s largest humanoid pretraining dataset
- Supporting the development of advanced data centers and AI infrastructure
This partnership highlights the practical, large-scale deployment opportunities for humanoid robotics in real-world environments.
A Global Milestone with Regional Impact
This Series C round cements Figure AI as one of the most valuable robotics startups worldwide. For Arcapita, the investment further reinforces its strategy of connecting Middle Eastern capital with breakthrough technologies in fields such as:
- Generative AI
- Medical imaging
- Quantum computing
Its portfolio includes companies like xAI, OXOS Medical, and SandboxAQ, showcasing a commitment to high-growth frontier technologies.
Looking Ahead
Figure AI’s progress marks a pivotal moment for the robotics industry. With major financial backing and global strategic partners, the company is set to accelerate development, refine deployments, and push closer to mainstream adoption of humanoid robots.
For Bahrain’s Arcapita and US-based Parkway, this investment not only strengthens their portfolios but also signals their role in shaping the future of global AI and robotics innovation.