On this page
Snapshot
What it is
- Detail
- Makes general-purpose humanoid robots (Figure 03, its third generation) and Helix, the vision-language-action AI that runs them, for commercial work and the home[1]
- As of
- Oct 2025
Founded
- Detail
- 2022, by Brett Adcock[2]
- As of
- May 2022
Headquarters
- Detail
- San Jose, California (its campus); Sunnyvale at the time of the Series B (Feb 2024)[3]
- As of
- Sep 2026
Facilities
- Detail
- BotQ, its own humanoid factory; the first line was designed to make up to 12,000 humanoids a year[4]
- As of
- Mar 2025
Listing
- Detail
- Private; it publishes no revenue or financial statements[5]
- As of
- Sep 2025
Leadership
- Detail
- Brett Adcock, founder and CEO[2]Full leadership
- As of
- May 2022
Lawsuit (allegations)
- Detail
- In Nov 2025 Robert Gruendel, its former head of product safety, sued Figure in federal court in the Northern District of California. He alleges he was wrongfully fired after warning the CEO and the chief engineer that its robots were powerful enough to fracture a human skull, and that a product safety plan presented to two prospective investors, who went on to invest, was "gutted" the same month the round closed. Figure said he was terminated for poor performance and called the allegations falsehoods it would discredit in court[6]
- As of
- Nov 2025
Leadership
CEO
- Person and background
- As of
- May 2022
Scale and customers
Scale claims (Oct 2026)
- Detail
- CEO, in an all-hands posted Oct 22, 2026: the 1,000th Figure 03 was built over the summer; Figure 03 cost more than 90% less to make than Figure 02 (no absolute cost given); Figure robots are operating in three states[7]Self-reported
- As of
- Oct 2026
BMW
- Detail
- BMW: Figure 03 starts at its Spartanburg plant on sequencing work in logistics (Jun 2026)[8]
- As of
- Jun 2026
BMW pilot (Figure 02)
- Detail
- Before Figure 03, Figure 02 spent 11 months in the Spartanburg body shop inserting sheet-metal parts for welding; BMW says it supported production of more than 30,000 BMW X3s over ten months[8]
- As of
- Jun 2026
Catalyst Brands
- Detail
- Catalyst Brands: agreement for Figure's robots at its Reno, Nevada distribution logistics center (May 2026)[9]
- As of
- May 2026
Catalyst Brands and Brookfield
- Detail
- Figure calls Catalyst Brands "a portfolio company of Brookfield" and Brookfield "a shared investor in both companies"; Brookfield Asset Management invested in Figure's Series C (Sep 2025)[9]Self-reported
- As of
- May 2026
Production (Apr 2026)
- Detail
- More than 350 Figure 03 robots delivered; production raised from one Figure 03 a day to one an hour in under 120 days (a demonstrated rate, not continuous output)[10]Self-reported
- As of
- Apr 2026
Production quality (Apr 2026)
- Detail
- More than 150 networked workstations at BotQ; end-of-line first-pass yield above 80%; a 99.3% first-pass yield on the battery line, with more than 500 packs shipped; more than 9,000 actuators built; each robot passes more than 80 functional tests[10]Self-reported
- As of
- Apr 2026
Funding
Series B
- Detail
- $675M at a $2.6B valuation (Feb 2024), from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures and ARK Invest[11]
- As of
- Feb 2024
Series C
- Detail
- More than $1B of committed capital (Sep 2025), led by Parkway Venture Capital, with Brookfield Asset Management, NVIDIA, Macquarie Capital, Intel Capital, Align Ventures, Tamarack Global, LG Technology Ventures, Salesforce, T-Mobile Ventures and Qualcomm Ventures[5]
- As of
- Sep 2025
Valuation
- Detail
- $39B post-money (Series C, Sep 2025)[5]
- As of
- Sep 2025
Use of funds
- Detail
- Series C: expanding BotQ manufacturing and deployments in homes and commercial work, GPU infrastructure for training and simulation, and collecting human video and other sensory data[5]
- As of
- Sep 2025
Strategic investment
- Detail
- Brookfield, which invested in the Series C, also agreed (Sep 2025) to help Figure build a humanoid pretraining dataset, build AI infrastructure and find new commercial deployments[12]
- As of
- Sep 2025
Cash (CEO, Oct 2026)
- Detail
- More than $2B of cash after additional capital on undisclosed terms (CEO, all-hands posted Oct 22, 2026); not an announced round[7]Self-reported
- As of
- Oct 2026
Nscale
- Round
- Strategic investment (Sep 2026)[13]
- Date
- Sep 2026
Brookfield Asset Management
- Round
- Series C (Sep 2025)[5]
- Date
- Sep 2025
LG Technology Ventures
- Round
- Series C (Sep 2025)[5]
- Date
- Sep 2025
Macquarie Capital
- Round
- Series C (Sep 2025)[5]
- Date
- Sep 2025
Qualcomm Ventures
- Round
- Series C (Sep 2025)[5]
- Date
- Sep 2025
Salesforce
- Round
- Series C (Sep 2025)[5]
- Date
- Sep 2025
T-Mobile Ventures
- Round
- Series C (Sep 2025)[5]
- Date
- Sep 2025
Tamarack Global
- Round
- Series C (Sep 2025)[5]
- Date
- Sep 2025
Align Ventures
- Round
- Series B (Feb 2024); in the Series C (Sep 2025)[11]
- Date
- Feb 2024
ARK Invest
- Round
- Series B (Feb 2024)[11]
- Date
- Feb 2024
Intel Capital
- Round
- Series B (Feb 2024); in the Series C (Sep 2025)[11]
- Date
- Feb 2024
Jeff Bezos
- Round
- Series B, through Bezos Expeditions (Feb 2024)[11]
- Date
- Feb 2024
Microsoft
- Round
- Series B (Feb 2024)[11]
- Date
- Feb 2024
NVIDIA
- Round
- Series B (Feb 2024); in the Series C (Sep 2025)[11]
- Date
- Feb 2024
OpenAI Startup Fund
- Round
- Series B (Feb 2024)[11]
- Date
- Feb 2024
Parkway Venture Capital
- Round
- Series B (Feb 2024); led the Series C (Sep 2025)[11]
- Date
- Feb 2024
Products and models
Pricing model
- Detail
- Humanoid, at home: Figure's CEO sketched a lease "like a car lease", roughly $400 to $600 a month (interview, May 2026)[14]Self-reported
- As of
- May 2026
Robot model
- Detail
- Helix, a vision-language-action model that runs entirely on the robot (Feb 2025)[15]
- As of
- Feb 2025
Figure 03
- Detail
- Third-generation humanoid (Oct 2025), redesigned for Helix, the home and high-volume manufacturing: new cameras, palm cameras and tactile fingertips, soft coverings and wireless charging[1]
- As of
- Oct 2025
Figure 03 specifications
- Detail
- 5 ft 8 in tall, 61 kg, 20 kg payload, 1.2 m/s, about 5 hours of run time (company specifications)[16]Self-reported
- As of
- Nov 2026
Figure 04
- Detail
- In "design lock", with parts shipping; no release date (CEO, all-hands posted Oct 22, 2026)[7]Self-reported
- As of
- Oct 2026
Helix 02
- Detail
- Jan 2026: one neural network controls the whole robot (walking, manipulation and balance) from its sensors, with System 0, a whole-body controller trained on more than 1,000 hours of human motion data[17]
- As of
- Jan 2026
Helix 2.5 (home trials)
- Detail
- Sep 2026: pretrained on Index, then tested on three chores (tidying living rooms, folding towels, making beds) in 30 Bay Area homes where no data had been collected; 56% of trials fully succeeded, against 9% for the same policy trained without Index pretraining[18]Self-reported
- As of
- Sep 2026
Index (training data)
- Detail
- Index, an app launched in Aug 2026 that collects human video for training; the CEO reported 37.5 million uploaded videos and 1.26 million downloads in 112 countries (all-hands posted Oct 22, 2026)[7]Self-reported
- As of
- Oct 2026
Compute (Nscale)
- Detail
- Agreement with Nscale (Sep 2026) for up to 100,000 GPUs on the NVIDIA Vera Rubin platform, targeted to start deploying in the second half of 2027 in Barstow, Texas: an initial $3.5B commitment of compute, with intent to scale to over $6B; Nscale is also making a strategic investment in Figure[13]
- As of
- Sep 2026
OpenAI collaboration
- Detail
- A collaboration with OpenAI on AI models for humanoids, agreed with the Series B (Feb 2024), ended in Feb 2025; the CEO said Figure's AI models are built entirely in-house (on X, via The Decoder)[19]
- As of
- Feb 2025
Relationships
Investors
- Nscale: Strategic investment (Sep 2026)[13]
- Brookfield Asset Management: Series C (Sep 2025)[5]
- LG Technology Ventures: Series C (Sep 2025)[5]
- Macquarie Capital: Series C (Sep 2025)[5]
- Qualcomm Ventures: Series C (Sep 2025)[5]
- Salesforce: Series C (Sep 2025)[5]
- T-Mobile Ventures: Series C (Sep 2025)[5]
- Tamarack Global: Series C (Sep 2025)[5]
- Align Ventures: Series B (Feb 2024); in the Series C (Sep 2025)[11]
- ARK Invest: Series B (Feb 2024)[11]
- Intel Capital: Series B (Feb 2024); in the Series C (Sep 2025)[11]
- Jeff Bezos: Series B, through Bezos Expeditions (Feb 2024)[11]
- Microsoft: Series B (Feb 2024)[11]
- NVIDIA: Series B (Feb 2024); in the Series C (Sep 2025)[11]
- OpenAI Startup Fund: Series B (Feb 2024)[11]
- Parkway Venture Capital: Series B (Feb 2024); led the Series C (Sep 2025)[11]
Recent moves
Oct 22, 2026
- Move
- CEO posted an all-hands: Figure 04 in design lock[7]
Sep 17, 2026
- Move
- Introduced Helix 2.5, tested in 30 homes[18]
Sep 3, 2026
- Move
- Signed a compute agreement with Nscale[13]
Jun 25, 2026
- Move
- Figure 03 started at BMW Plant Spartanburg[8]
May 26, 2026
- Move
- Signed an agreement with Catalyst Brands, starting at its Reno, Nevada distribution center[9]
Apr 29, 2026
- Move
- More than 350 Figure 03 delivered; production raised to one an hour[10]
Jan 27, 2026
- Move
- Introduced Helix 02, whole-body control[17]
Nov 21, 2025
- Move
- Sued by its former head of product safety, who alleges wrongful termination; Figure denies the allegations[6]
Oct 9, 2025
- Move
- Introduced Figure 03[1]
Sep 16, 2025
- Move
- Raised more than $1B in a Series C at a $39B post-money valuation, led by Parkway Venture Capital[5]
Mar 15, 2025
- Move
- Introduced BotQ, its humanoid factory[4]
Feb 20, 2025
- Move
- Introduced Helix, its vision-language-action model[15]
Feb 4, 2025
- Move
- Ended its collaboration with OpenAI[19]
Feb 29, 2024
- Move
- Raised $675M at a $2.6B valuation and signed a collaboration agreement with OpenAI[11]
May 20, 2022
- Move
- Brett Adcock published Figure's Master Plan[2]
Sources
- Figure: Introducing Figure 03 (Oct 2025)
- Figure: Master Plan, by Brett Adcock (May 2022)
- Figure: F.02 Decommission (Sep 2026)
- Figure: Introducing BotQ (Mar 2025)
- Figure: Series C at $39B post-money (Sep 2025)
- CNBC: Figure sued by former head of product safety (Nov 2025)
- Humanoids Daily: Figure's all-hands, Figure 04 design lock (Oct 2026)
- BMW Group: Figure 03 starts at Plant Spartanburg (Jun 2026)
- Figure: signs agreement with Catalyst Brands (May 2026)
- Figure: Ramping Figure 03 production (Apr 2026)
- Figure (PR Newswire): raises $675M at $2.6B valuation (Feb 2024)
- Figure: strategic partnership with Brookfield (Sep 2025)
- Figure: strategic partnership with Nscale (Sep 2026)
- Sourcery: interview with Figure CEO Brett Adcock (May 2026)
- Figure: Helix, a vision-language-action model (Feb 2025)
- Figure: Figure 03 product page
- Figure: Introducing Helix 02 (Jan 2026)
- Figure: Helix 2.5, zero-shot 30-home generalization (Sep 2026)
- The Decoder: Figure ends its OpenAI collaboration (Feb 2025)