Figure is turning Series C capital into a physical-AI scale race

A September 16, 2025 Series C put Figure above $1 billion in committed capital at a $39 billion valuation after BMW runtime, Helix work, and BotQ capacity.

By: Korthos16 Sep 25

Figure announced a Series C round on September 16, 2025 that exceeded $1 billion in committed capital and valued the company at $39 billion post-money. Source

Figure was founded in 2022 and had already raised $675 million at a $2.6 billion valuation in February 2024, with investors including Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos through Bezos Expeditions, Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. The 2025 Series C added new and returning strategic capital including Parkway, Brookfield, NVIDIA, Intel Capital, LG Technology Ventures, Salesforce, and T-Mobile.

Figure says its robots spent 11 months in production work at BMW, logging more than 1,250 runtime hours, loading more than 90,000 parts and contributing to production of more than 30,000 BMW X3 vehicles. Source

Figure describes Helix as a vision-language-action model for humanoid control, designed to generalize across tasks. Its first-generation BotQ production lines are designed for up to 12,000 humanoids per year. Source Source

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