Why Figure AI matters
Figure closed more than $1 billion in Series C funding at a $39 billion post-money valuation on September 16, 2025. Its Figure 02 robots supported production of more than 30,000 BMW X3 vehicles over ten months at BMW's Spartanburg plant in 2025, and Figure 03 moved into a parts-sequencing role there in June 2026. Founded in 2022 by Brett Adcock, it raised $675 million in February 2024 at a $2.6 billion valuation.
The numberSeries C exceeded $1B at a $39B post-money valuation on Sept 16, 2025
On The All Things AI 100
Listed under Robotics and physical AI. AI that drives, walks, and lifts.
Quick answers
- What does Figure AI do?
- Develops general-purpose humanoid robots (Figure 03) and the Helix vision-language-action model. Figure closed more than $1 billion in Series C funding at a $39 billion post-money valuation on September 16, 2025.
- What AI capabilities does Figure AI offer?
- Figure AI builds general-purpose humanoid robots, including Figure 03, and the Helix vision-language-action model. Helix is designed to let the robots interpret visual scenes and language instructions to plan and carry out physical tasks. The company focuses on humanoid robot hardware and its supporting AI model rather than offering a standalone software product.
- Why is Figure AI on The All Things AI 100?
- Figure AI is listed under Robotics and physical AI. AI that drives, walks, and lifts. Series C exceeded $1B at a $39B post-money valuation on Sept 16, 2025.
- Where is Figure AI based, and who owns it?
- Figure AI is based in San Jose, CA, was founded in 2022 and is private, Series C.