Apptronik raises $520M in extended Series A (total $935M) — Apollo production scales with Mercedes, GXO, Jabil partnerships plus Google DeepMind Gemini Robotics tie-up
Apptronik raised an additional $520 million in extended Series A funding (total Series A now $935M), positioning to scale Apollo humanoid production. The company has commercial partnerships with Mercedes-Benz, GXO Logistics, and Jabil — plus a strategic partnership with Google DeepMind to build next-generation humanoids powered by Gemini Robotics.
The Google DeepMind partnership is the structurally distinctive element. Most humanoid vendors are training their own onboard control policies — Tesla with Optimus, 1X with the OpenAI relationship, Figure with the Helix 02 stack. Apptronik's bet is different: use Gemini Robotics (Google's foundation model for embodied AI) as the onboard intelligence rather than training a custom model. The advantage is leveraging Google's compute and research investments in foundation-model training; the disadvantage is dependency on Google's roadmap and any decisions Google makes about Gemini Robotics availability.
The Mercedes-Benz, GXO Logistics, and Jabil partnership trio is the diversified customer pipeline. Mercedes for automotive assembly (the long-rumored automotive humanoid use case), GXO for logistics warehouses (the highest-volume potential market), Jabil for electronics manufacturing (precision-assembly use cases). Each is a $50B+ revenue customer with the procurement scale to absorb humanoid deployment if Apollo proves commercial-viable. The $520M extension implies Apptronik plans to convert at least one of these pipeline customers to a Robots-as-a-Service contract within the funding-runway timeline — matching the Agility-Toyota model but at potentially larger unit counts.
The Robot Report — Apptronik brings in another 520M to ramp up Apollo production → · Globenewswire — Global Commercial Humanoid Robotics Market 2025-2030 → · GrabARobot — Humanoid Robots Enter the Workforce Boston Dynamics Figure AI Tesla 2026 →