Apptronik
This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
Updated in November, 2025
Headquarter: Austin, Texas, USA
Year Founded: 2016
Employees: ~150 (as of 2025)
Industry Sectors: Humanoid robotics; AI-powered robotics; industrial automation; warehouse & logistics automation; actuator and force-control systems; embodied AI integration; manufacturing robotics; general-purpose humanoid platforms
Business Status: Series A
Latest Funding Round: $403 million
Latest Company Valuation: $5.47 billion
What is Apptronik?
Apptronik is an Austin-based human-centered robotics company developing AI-powered humanoid robots designed to augment rather than replace human labor. Founded in 2016 as a spinout from the University of Texas at Austin’s Human-Centered Robotics Lab, the company aims to build mass-manufacturable humanoids that can operate safely in human environments to address labor shortages in logistics, manufacturing, and other sectors. Its flagship platform, Apollo, is positioned as a general-purpose, human-scale robot capable of performing a wide range of industrial tasks.
Why do we like it?
Apptronik offers a combination of deep robotics lineage, early commercial traction, and credible manufacturing scale-up pathways. The company has validated real-world deployments with Mercedes-Benz and GXO Logistics before raising a large Series A, signaling strong customer pull and technology readiness. Its force-controlled actuator architecture differentiates it in enabling cage-free human collaboration, and strategic alliances with Google DeepMind, NVIDIA, and Jabil provide competitive strength in AI performance, skill acquisition, and production scaling. With a clear cost-down pathway to sub-$50K unit pricing and accelerating demand driven by structural labor shortages, Apptronik aligns strongly with near-term industrial humanoid adoption cycles.
What do they do?
Apptronik designs, engineers, and commercializes humanoid robots—centered on its Apollo platform—for tasks including warehouse material handling, trailer unloading, case picking, palletization, machine tending, and workcell delivery. The company develops proprietary force-controlled actuation technologies, full-stack hardware and sensor systems, and multi-layered software integrating both in-house autonomy and foundation model-based embodied AI. Commercial deployment occurs through robotics-as-a-service, direct unit sales, and multi-year enterprise agreements.
What is the opportunity?
Apptronik is positioned to capture a major share of the emerging humanoid robotics market, which is expanding from $2.9B in 2025 to an estimated $15B+ by 2030. Structural labor shortages, high warehouse turnover, and increasing automation ROI create strong demand for humanoids capable of operating in existing human-designed environments. The company’s Jabil manufacturing partnership and target pricing under $50,000 per unit support attractive ROI timelines, positioning Apollo as a scalable platform for logistics, automotive manufacturing, and general industrial automation. Broader long-term opportunities include healthcare, retail, hospitality, construction, space applications, and last-mile logistics.
Business status / operations
Apptronik employs ~150 staff across engineering, manufacturing, commercial, and support functions, with a strong heritage stemming from NASA Valkyrie and 15 prior humanoid system generations. The company follows a rigorous iterative design process, including 60+ actuator design iterations. Operations span actuator engineering, structural design, sensor integration, full-system validation, and dual-track AI development. Jabil serves as the primary manufacturing partner, running pilot production, quality control, and operational validation using Apollo within Jabil’s own facilities. The company plans additional manufacturing capacity in Texas and Mexico.
Competitive landscape
Apptronik operates in a highly competitive sector with rivals such as Figure AI, Tesla Optimus, Boston Dynamics, Agility Robotics, Sanctuary AI, 1X Technologies, Unitree, and UBTECH. Competitors vary in focus from industrial humanoids to consumer, agility-focused, or AI-centric systems. Apptronik’s strengths include deep robotics maturity, early commercial validation, force-controlled safety advantages, manufacturing scalability via Jabil, strong AI partnerships, and high capital efficiency demonstrated by early revenue traction pre-Series A. Key risks include lower total funding relative to some peers, unproven high-volume production, narrow industrial focus relative to companies pursuing consumer markets, and dependency on proving reliability and ROI during the transition from pilots to scaled deployments.
Recent financing and investors
Apptronik raised ~$28M cumulatively from 2016–2023 prior to its Series A. The company closed a $350M Series A in February 2025, co-led by B Capital and Capital Factory with Google participation, later expanded to $403M in March 2025 with investments from Mercedes-Benz, Japan Post Capital, ARK Invest, and Korea Investment Partners. By October 2025, Apptronik’s valuation reportedly reached ~$5.47B. A potential Series B in the $560–660M range is in discussion at a valuation near $5B. Funding is allocated to manufacturing scale-up, workforce expansion, Apollo development, customer deployment support, and global operational build-out.
How to invest in Apptronik
Apptronik is currently a private company and is not publicly traded on major stock exchanges like the NASDAQ or NYSE. This means you can buy shares through a pre-IPO platform or brokerage like IPO CLUB.
Apollo: Apptronik’s General-Purpose Humanoid Robot
Apptronik Stock
These announcements provided validation and a major injection of capital, driving the valuation peak:
Major Oversubscribed Series A Funding (March 2025): The company had already successfully closed an oversubscribed $403 Million Series A funding round (up from the initial $350M), adding major investors like Mercedes-Benz, ARK Invest, Japan Post Capital, and Google. This huge capital raise signaled strong institutional confidence in Apptronik's $1.78 billion valuation and future potential.
Launch of Elevate Robotics (June 24, 2025): Apptronik announced the creation of Elevate Robotics Inc., a new subsidiary focused on non-humanoid industrial automation. This strategic move showed the company was actively seeking multiple avenues for commercializing its underlying technology beyond Apollo, which could appeal to a broader investor base.
Major Industry Award Wins (September 15, 2025): Apptronik and its Apollo robot won a "trifecta" of prestigious awards, including Fast Company's 2025 "Innovation by Design" Award (AI Design category), being named to CNBC's 2025 Disruptor 50 List (June), and the Automotive News All-Stars List (August).
Impact: The September 15th announcement of the Fast Company award closely aligns with the peak in the price estimate on your chart. These awards created significant, highly positive press, leading to an implied valuation of up to $3.9 billion at that time, which drove the price above the "Public Comps" line.
News Contributing to the Correction (October - December 2025)
The subsequent sharp drop in the estimated price likely came from a correction after the hype and new funding rumors:
Humanoid Capital Race Heats Up (Ongoing): The entire sector was experiencing an intense capital race. News around competitors, such as Figure AI reportedly raising a massive round at a $39 billion valuation, put pressure on all players, including Apptronik, to prove their market leadership. This may have led to investors performing a "reality check" on the premium Apptronik had temporarily enjoyed.
Reported Pursuit of New $400M+ Funding Round (November 2025): Reports emerged that Apptronik was seeking over $400 Million in a new funding round that would value the company at a formidable $5 Billion pre-money.
Impact: While a $5B valuation is positive, the market often reprices private shares temporarily downwards when a large new funding round is imminent. This is because: 1) existing shares may face dilution, or 2) investors wait to see the final confirmed valuation and price before committing more capital. This news aligns with the steep descent seen in November and December.
Long-Term Foundational Partnerships
It's important to note that throughout this period, Apptronik continued to solidify key, long-term partnerships that underpin its commercial strategy:
Google DeepMind: Strategic partnership to build the next generation of humanoid robots, leveraging Google's Gemini AI.
Jabil: Collaboration to scale up the production of the Apollo robot.
Mercedes-Benz & GXO: Commercial engagements for early deployment and pilot programs in manufacturing and logistics.
This news confirms the company's strong fundamentals and commercial focus, even as the speculative price on the secondary market fluctuated wildly.
This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
Apptronik and America 2030 Latest News
Stay up-to-date with all the latest news pertaining to OpenAI stock, IPO, and investment opportunity. By clicking here, you'll gain access to real-time updates and in-depth analysis from market experts, empowering you to make informed decisions about your investment journey. Whether you're a seasoned investor or just getting started, our platform is tailored to provide you with all the crucial information you need to navigate the thrilling world of the stock market and IPOs. Dive in and keep your finger on the pulse of the financial markets.
You can imagine America 2030 as a polished metal capsule sitting in the palm of your hand.
A compact, precision-engineered instrument.
Every piece designed to do exactly one thing: turn the next decade of American hard-tech into real, liquid returns.