Figure

Figure is a Sunnyvale, California-based humanoid robotics company founded in 2022 by Brett Adcock, the serial entrepreneur behind Archer Aviation and Vettery. The company develops end-to-end humanoid robots combining proprietary hardware with its in-house Helix Vision-Language-Action (VLA) model, which enables Figure robots to execute dexterous, natural-language-directed tasks. Figure rose rapidly from stealth, showcasing its Figure 01 and Figure 02 platforms in automotive manufacturing pilots before pivoting hard toward the home with Figure 03 in late 2025. The company reported over $1 billion in commitments for a Series C at a $39 billion post-money valuation in September 2025 — one of the largest private robotics rounds on record. Prior investors include Microsoft, OpenAI Startup Fund, Nvidia, Jeff Bezos, Parkway Venture Capital, Intel Capital, and Brookfield Asset Management. The company is vertically integrated, running its own Helix AI research group, hardware manufacturing ambitions in the Bay Area, and a growing GPU-compute footprint for training embodied foundation models at scale.

Figure commands the largest private valuation in humanoid robotics and is the clearest bet that general-purpose bipeds — trained on Figure's own VLA foundation models — can reach consumer homes at scale.

figure.ai Humanoid

United Statesprivate

At a glance

Total raised

$1.7B

last round series c

Headcount

201-500

approximate · public range

Headquarters

Sunnyvale

United States

Founded

2022

4 years active

Status

Private

Humanoid

Latest valuation

$39B

Series C · 2025

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Funding history

Total raised

$1.7B

Rounds tracked

Latest stage

Series C

Latest valuation

$39B

Date	Stage	Amount	Valuation	Lead investors
Sep 16, 2025	Series C	$1B	$39B	Parkway Venture Capital, Brookfield Asset Management, NVIDIA

Founder backgrounds

Brett Adcock

Founder & CEO

Earned a BS in Finance and Real Estate from the University of Florida. Started building web companies at 16, then founded Vettery, an AI-powered talent marketplace, which was acquired by the Adecco Group for $110M in 2018. Co-founded Archer Aviation later that year, raising over $1B and taking the eVTOL aircraft company public via SPAC at a $2.7B valuation. Left Archer as co-CEO in 2022 and founded Figure to build general-purpose humanoid robots. The pattern connecting these ventures is building capital-intensive, AI-enabled hardware platforms from scratch. Known for an unusually public, demo-driven approach to robotics development — posting raw, unpolished videos of Figure's robots learning and failing, signaling a philosophy of shipping fast in a field that often moves slowly.

AI bull / bear

Bull case

Figure has executed an astonishing capital blitz—$1.7 billion raised culminating in a $1 billion Series C at a $39 billion valuation—and secured a blue-chip investor syndicate including Microsoft, OpenAI, Nvidia, Bezos, and Brookfield. This war chest funds full vertical integration: proprietary Helix 02 VLA models trained on a dedicated datacenter of Nvidia B200 GPUs, in-house manufacturing ramping at "BotQ" in California, and 24/7 autonomous fleet operations already running lights-out in Sunnyvale. The technical momentum is undeniable. Figure 03 has demonstrated human-parity package sorting (sub-3-second throughput), whole-body autonomy combining navigation and manipulation, neural self-repair after actuator failures (Vulcan), and domestic task execution—all powered by end-to-end neural policies that eliminate hand-engineered code. The pivot from BMW's factory floor (30,000 vehicles produced with Figure 02) to the living room positions Figure to capture the vastly larger consumer market. With a White House showcase, aggressive 2026 roadmap targeting jogging mobility and unsupervised chores, and first-mover advantage in foundation models for embodied AI, Figure is the category leader racing toward mass-market humanoid deployment.

Bear case

A $39 billion valuation for a three-year-old company with no consumer revenue and a single retired pilot (BMW Spartanburg) is extreme even by frontier-tech standards. The pivot from industrial to home is untested at scale, and safety risks are real—a former safety head is suing over alleged retaliation after flagging "skull-fracturing" injury concerns, creating governance and liability overhang just as Figure targets residential deployment. Competition is intensifying. Elon Musk publicly dismissed Figure while committing $20 billion to Tesla's Optimus, which benefits from Tesla's manufacturing scale, data flywheel, and consumer brand. Chinese rivals like UBTECH are demonstrating mass deployments, and skepticism persists around Figure's autonomy claims—Brett Adcock faced "smoking gun" teleop accusations ahead of the White House demo. The OpenAI partnership dissolved (Adcock: "I fired them"), raising questions about AI roadmap stability. Burning capital to train massive VLA models and build domestic fabs is costly; if the home market takes longer than 2026–2027 to materialize, Figure's runway and valuation face severe compression risk.

Generated by claude-sonnet-4-5-20250929 · April 25, 2026Refreshes quarterly · see disclosures

In the news

Watch

Leadership

Brett Adcock

Founder & CEO

in 𝕏

Products

Figure 03
Third-generation general-purpose humanoid robot, unveiled October 2025 with a redesigned hardware platform optimized for in-home commercial pilots. Pairs end-to-end with Helix VLA for natural-language-directed manipulation tasks across kitchens, garages, and warehouses.
Figure 02
Second-generation bipedal humanoid that drove Figure's commercial launch in BMW's Spartanburg automotive plant. Vision-driven autonomy, integrated batteries, and articulated hands designed for repetitive industrial tasks.
Helix VLA
Figure's in-house Vision-Language-Action foundation model — a single neural network that maps camera input + spoken commands directly to robot joint actions. Trained on Figure's own teleop data; runs onboard for whole-body control.

Most recent patents

Figure AI Inc.·2026-02-03
Head And Neck Assembly Of A Humanoid Robot
US12539618
Abstract
Head And Neck Assembly Of A Humanoid Robot
US12539618
A humanoid robot includes an upper region includes a head and neck assembly having a neck portion and a head portion coupled to the neck portion. Said head portion includes: a frontal shell having a rear edge, a rear shell having a frontal edge, and an electronics assembly. The electronics assembly includes various components and devices used in the operation of the humanoid robot.
View on Google Patents
Figure AI Inc.·2025-11-11
Head And Neck Assembly Of A Humanoid Robot
US12466080
Abstract
Head And Neck Assembly Of A Humanoid Robot
US12466080
Abstract A humanoid robot includes an upper region includes a head and neck assembly having a neck portion and a head portion coupled to the neck portion. Said head portion includes: a frontal shell having a rear edge, a rear shell having a frontal edge, and an illumination assembly. The illumination assembly is configured to illuminate a region that: (i) extends between a rear edge of the frontal shell and an extent of the frontal edge of the rear shell, (ii) is positioned adjacent to the extent of the rear edge of the frontal shell, and (iii) is positioned adjacent to the extent of the frontal edge of the rear shell.
View on Google Patents
Figure AI Inc.·2025-10-21
Head And Neck Assembly Of A Bipedal Robot
US12447628
Abstract
Head And Neck Assembly Of A Bipedal Robot
US12447628
Abstract A bipedal robot includes an upper region includes a head and neck assembly having a neck portion and a head portion coupled to the neck portion. Said head portion includes: a frontal shell having a rear edge, a rear shell having a frontal edge, and an illumination assembly. The illumination assembly is configured to illuminate a region that: (i) extends between a rear edge of the frontal shell and an extent of the frontal edge of the rear shell, (ii) is positioned adjacent to the extent of the rear edge of the frontal shell, and (iii) is positioned adjacent to the extent of the frontal edge of the rear shell.
View on Google Patents
Figure AI Inc.·2025-09-23
Kinematics Of A Mechanical End Effector
US12420434
Abstract
Kinematics Of A Mechanical End Effector
US12420434
Abstract A mechanical end effector for a humanoid robot includes a plurality of identical finger assemblies. Each of the finger assemblies is removably connected to a frame. Each of the finger assemblies is fully self-contained and operable independently of every other one of the finger assemblies and independently of every other component connected to the frame. Each of the finger assemblies includes a single electric motor and is configured to be fully operable using only the single electric motor.
View on Google Patents
FIGURE AI INC.·2025-09-02
Head And Neck Assembly For A Humanoid Robot
US12403611
Abstract
Head And Neck Assembly For A Humanoid Robot
US12403611
Abstract A humanoid robot includes an upper region includes a head and neck assembly having a neck portion and a head portion coupled to the neck portion. Said head portion includes: a rear shell, and a frontal shell coupled to the rear shell to define a head volume between the frontal shell and the rear shell, and an electronics assembly with a display located in the head volume between the frontal shell and the rear shell. The frontal shell of the head housing assembly includes: a first arc length at a first location below the display, a second arc length at a second location aligned with a portion of the display, and wherein said second arc length is greater than the first arc length, and a third arc length at a third location above the display, and wherein said third arc length is greater than both the first arc length and the second arc length.
View on Google Patents
FIGURE AI INC.·2025-07-22
Head And Neck Assembly For A Humanoid Robot
US12365094
Abstract
Head And Neck Assembly For A Humanoid Robot
US12365094
Abstract A humanoid robot includes an upper region includes a head and neck assembly having a neck portion and a head portion coupled to the neck portion. Said head portion includes: a frontal shell having a rear edge, a rear shell having a frontal edge, and an illumination assembly. The illumination assembly is configured to illuminate a region that: (i) extends between a rear edge of the frontal shell and an extent of the frontal edge of the rear shell, (ii) is positioned adjacent to the extent of the rear edge of the frontal shell, and (iii) is positioned adjacent to the extent of the frontal edge of the rear shell.
View on Google Patents

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Figure

At a glance

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Funding history

Founder backgrounds

Brett Adcock

AI bull / bear

In the news

DROIDS Daily- Podcast.

Star Wars Droids vs. Earth Robots

Inside the Campus: Figure’s Plan for 24/7 Autonomy and Leasable Home Robots

Video Friday: Figure, 1X Ramp Up Humanoid Robot Production

The Adcock Triad: Inside the $1M-a-Month Sprint to General Robotics

The Robot in the Box: 1X Teases NEO Delivery Logistics as Humanoid Production War Heats Up

Watch

Leadership

Products

Figure 03

Figure 02

Helix VLA

Most recent patents

Head And Neck Assembly Of A Humanoid Robot

Head And Neck Assembly Of A Humanoid Robot

Head And Neck Assembly Of A Humanoid Robot

Head And Neck Assembly Of A Humanoid Robot

Head And Neck Assembly Of A Bipedal Robot

Head And Neck Assembly Of A Bipedal Robot

Kinematics Of A Mechanical End Effector

Kinematics Of A Mechanical End Effector

Head And Neck Assembly For A Humanoid Robot

Head And Neck Assembly For A Humanoid Robot

Head And Neck Assembly For A Humanoid Robot

Head And Neck Assembly For A Humanoid Robot

Open roles

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