Robotics

Figure AI

High62% confidenceProfile verified Jul 22, 2026

A US humanoid robotics company that has raised over $2 billion to develop general-purpose robots for industrial and eventually home use, running the first publicly documented production-scale humanoid deployment in automotive manufacturing at BMW's Spartanburg, South Carolina plant. Figure's Figure 02 supported production of more than 30,000 BMW X3 vehicles over 10 months with over 99% placement accuracy per shift, and BMW signed a commercial contract for an initial fleet of 40 Figure 03 units expanding into logistics work at Spartanburg and, starting summer 2026, at BMW's Plant Leipzig in Germany.

Additional Intelligence Signals

Patent citation lineage, earnings-call mentions, and federal contract disclosures — automatically collected, not yet visible anywhere else on the site.

Earnings-call mentions

Mentioned by IREN

IREN's customer base now includes Microsoft, NVIDIA, Perplexity, Figure AI, Together AI, Fluidstack, Fireworks AI, Fal AI, Hume AI, and a new leading AI developer

SEC 8-K exhibit (0001140361-26-028871) · Jul 20, 2026

Sources

Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.

Evidence

3 sources · 69% avg. source confidence

Correlated Activity

Both Figure AI and Unitree Robotics which it depends on — are showing accelerating Activity at the same time (2 recorded changes for Unitree Robotics in the last 90 days).

Timing correlation only — not evidence of a causal link

Both Figure AI and Agility Robotics which it depends on — are showing accelerating Activity at the same time (1 recorded change for Agility Robotics in the last 90 days).

Timing correlation only — not evidence of a causal link

Dependency Map

What Figure AI depends on below, and who depends on Figure AI above — click any node to make it the new center, 2 levels deep.

Connection type

Investment
Dependency
Supply Chain
Development
Enablement
Competition / Other
Succession

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The Story So Far (last 6 months)

May 2026: Figure AI has raised over $2 billion as humanoid-specific funding hits $4.3 billion in 20…Jun 2026: Figure's Figure 02 completes 30,000-vehicle production pilot at BMW SpartanburgJun 2026: BMW expands Figure AI deployment with Figure 03 logistics contract, adds Leipzig plantJul 2026: Scales Figure 03 production to 1 robot/hour; reaches $39B valuation

Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.

Market Intelligence

Unverified

Credibly-reported claims — analyst notes, sourcing citing “people familiar with the matter,” deals where the companies involved declined to comment — that haven't been officially confirmed. Kept structurally separate from the sourced evidence above; treat as a lead worth researching further, not an established fact.

Reportedly in talks for new funding at a $39.5 billion valuation

42% confidence

Figure AI was reportedly in discussions for a new funding round at roughly a $39.5 billion valuation, up from the $39 billion post-money mark set in its September 2025 Series C, according to a source cited by Reuters. No primary round above the confirmed Series C level has been officially announced by the company.

Reported by Reuters citing a source familiar with the discussions; terms and timing were described as fluid and Figure has not confirmed a new priced round.

Reuters

Figure AI's Timeline

A sourced, dated history of Figure AI's key moments — founding to present.

  1. Jan 2022 · Founded

    Figure AI was founded to build general-purpose humanoid robots for industrial and, eventually, home use.

  2. Jan 2026 · BMW Spartanburg production deployment

    Figure's Figure 02 robot completed an 11-month pilot at BMW's Spartanburg plant, supporting production of over 30,000 BMW X3 vehicles, the first publicly documented production-scale humanoid robot deployment in automotive manufacturing.

  3. Jul 2026 · Scales Figure 03 production to 1 robot/hour; reaches $39B valuation

    Figure AI scaled production of its Figure 03 humanoid to approximately one robot per hour at its BotQ factory, with Figure and Agility Robotics holding the strongest verified real-world deployment records in the sector; the company's valuation reached roughly $39 billion following a Series C round of more than $1 billion in late 2025, nearly 15 times its prior-year valuation.