Fundingby Embodied Global Team
Apptronik Raises $403 Million, Partners with Jabil for Manufacturing Scale
Apptronik has closed a $403 million funding round with new investments from Mercedes, Google DeepMind, B Capital, and others. The funding will fuel scaling and manufacturing partnerships. The company announced a new partnership with global manufacturing giant Jabil to learn from Jabil's expertise and avoid premature scaling pitfalls. Apollo humanoid robot will see major upgrades in 2025: larger batteries, swappable parts, improved actuators, and system robustness. CEO Jeff Cardenas calls it the Space Race of Our Time with over 100 humanoid robotics companies worldwide.
Source: https://johnkoetsier.com/inside-the-race-to-build-humanoid-robots-with-apptronik-ceo-jeff-cardenas/
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