Apptronik Secures $520 Million Funding to Advance Humanoid Robot Production

TLDR Apptronik raised $520M, bringing its Series A round to $935M for Apollo robot production. Apollo robots are deployed in factories and warehouses with partners like Mercedes-Benz and GXO Logistics. Apptronik’s robots will collaborate safely with humans for tasks like lifting, sorting, and transporting. The company faces competition from Tesla’s Optimus and Chinese humanoid developers [...]

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