Figure

Overview
News
Humanoid Robots?
Product stageSegments
Early
?
Manufacturing and logistics
?

Figure is a robotics startup founded with the goal of developing the world's first commercially viable general-purpose humanoid robot called Figure 01. The company is led by CEO Brett Adcock and CTO Jerry Pratt, a renowned roboticist who previously worked at the Florida Institute for Human and Machine Cognition (IHMC).

Figure one is designed to mimic the human form, standing five feet six inches tall, weighing 130 pounds, and capable of lifting up to 44 pounds. It features 41 degrees of freedom, including seven in each arm, six in each leg, and a six degree-of-freedom hand with an opposable thumb. The robot is fully electric, running for five hours on a single charge.

Figure one aims to address labor shortages by assisting human workers in manufacturing, logistics, warehousing, and retail settings. It leverages advanced AI and machine learning capabilities to perform tasks autonomously, enabling it to navigate complex environments, grasp objects, and manipulate tools. In March 2024, Figure demonstrated the robot handling warehouse tasks such as picking up bins and placing them on a conveyor belt.

Key customers and partnerships

In January 2024, Figure announced a commercial agreement with BMW to deploy its robots on the automaker's production lines.

Figure has also entered a collaboration with OpenAI to develop next-generation AI models specifically for humanoid robots. This partnership aims to enhance Figure 01's ability to process and reason from language, accelerating its commercial deployment timeline.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Sunnyvale CA USA
Founded year:
2022
Employees:
11-50
IPO status:
Private
Total funding:
USD 854.0 mn
Last Funding:
USD 675.0 mn (Series B; Feb 2024)
Last valuation:
USD 2.7 bn (Feb 2024)
Key competitors
 
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