Sept 16 (Reuters) - AI robotics company Figure said on

Tuesday it had received over $1 billion in committed capital in

its latest funding round that valued the firm at $39 billion

post money.

The series C round was led by Parkway Venture Capital,

and also saw participation from industry majors such as NVIDIA ( NVDA )

, Intel Capital, LG Technology Ventures, Salesforce ( CRM )

, T-Mobile Ventures, and Qualcomm Ventures.

Venture capital firms have been pouring massive amounts into

companies that leverage artificial intelligence, helping them

stay private for longer.

U.S. startup funding is set to hit its second-highest total

on record, up 75.6% in the first half of 2025, driven by the

ongoing AI surge, according to a report by Pitchbook.

Figure's new funding round also valued the autonomous robot

developer sharply higher than the $2.6 billion last year, when

it secured $675 million from investors such as Microsoft ( MSFT )

and Amazon.com ( AMZN ) founder Jeff Bezos.

Major tech companies such as Nvidia ( NVDA ), Meta Platforms ( META )

and Tesla, along with various startups, are racing to

develop humanoid robots to tackle labor shortages and handle

repetitive, hazardous tasks in logistics, manufacturing and

household chores.

San Jose, California-based Figure will use the capital to

scale humanoid robots into homes and commercial operations,

build on its infrastructure to accelerate training and

simulation, and double down on its data collection efforts.

"This milestone is critical to unlocking the next stage of

growth for humanoid robots, scaling out our AI platform Helix

and BotQ manufacturing," said Brett Adcock, founder and CEO of

Figure.

Figure's funding round also saw investment from other

big investors such as Brookfield Asset Management ( BAM ),

Macquarie Capital, Align Ventures and Tamarack Global.