EG
Apptronik Raises $520M at $5B Valuation: Google and Mercedes-Benz Bet Big on Apollo Humanoids
Fundingby Embodied Global

Apptronik Raises $520M at $5B Valuation: Google and Mercedes-Benz Bet Big on Apollo Humanoids

## Apptronik Record-Breaking Funding

On February 11, 2026, Austin-based Apptronik closed a $520 million Series A extension round at $5B valuation. Total Series A reaches $935M—nearly $1B since founding.

## Strategic Investors

Round co-led by B Capital and Google. Existing investors Mercedes-Benz and PEAK6 joined, alongside new backers AT&T Ventures, John Deere, and Qatar Investment Authority.

## Commercial Outlook

Howard Morgan expects $1B in robot orders beginning 2027, with Apollo humanoids priced at $80,000/year—working 24/7 without breaks or turnover.

## NASA Heritage

Apptronik roots trace to NASA Valkyrie humanoid program, bringing decades of aerospace-grade robotics expertise to commercial applications.

## Market Impact

This funding validates humanoid robotics transition from lab demos to production-ready commercial deployments.

Source: Awesomerobots
Language: EN - Showing content in English

Share this article