Intel Capital invests in Figure as humanoid takes first steps [Video]

Figure.AI, a robotics company building multi-purpose humanoid robots, today announced a $9 million equity investment made by Intel Capital. This funding from Intel Capital helps strengthen Figure’s balance sheet and will accelerate the development of Figure 01 (the company’s autonomous humanoid robot), build out Figure’s AI data pipeline for autonomous operations, and drive the Company toward commercialization. This announcement follows the Company’s most recent achievement of the Figure 01 robot taking its first steps.

Intel Capital is a notable addition to Figure’s Series A funding round and is joining other top-tier investors such as Parkway Venture Capital, Brett Adcock, Aliya Capital, Bold Capital Partners, Tamarack Global, FJ Labs, and former KUKA Robotics CEO Till Reuter.

In addition to this capital investment, Figure 01 entered the testing phase a few months ago and reached many technical milestones led by a best-in-class engineering team. Most notably, the robot took its first walking steps in May – less …