Figure is focusing on industrial warehouse applications for its general-purpose humanoid robot. The company has been strategically hiring, with a current team of 50, including former employees from Boston Dynamics, Tesla, and Apple. The investment from Intel Capital, along with its global resources and expertise, is expected to help accelerate Figure's growth and success.
Key takeaways:
- Bay Area-based robotics firm Figure has announced that its humanoid robot has taken its first steps, marking a significant milestone for the company.
- Figure has raised a total of $179 million in funding, including a recent $9 million equity investment from Intel Capital.
- Unlike other companies working on general-purpose humanoids, Figure is focusing primarily on industrial warehouse applications.
- Figure's team includes former employees from Boston Dynamics, Tesla and Apple, and the company is looking to scale quickly with the help of resources from Intel.