Startup Raises $70 Million to Develop Human-Like Robot

Startup Raises $70 Million to Develop Human-Like Robot

THE SIGNAL

An AI robotics startup from California has raised over $70 million to build a humanoid robot that the company expects will be used to do a wide range of manual labor.
Sunnyvale-based Figure is developing Figure 01, which the company thinks will resolve labor shortages, support the global supply chain, and perform dangerous tasks. Figure has raised $70 million to develop its android.
“We hope that we’re one of the first groups to bring to market a humanoid that can actually be useful and do com …

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