PYMNTS.com February 14, 2025
Figure is reportedly in talks with investors to raise $1.5 billion for its work in developing humanoid robots.
The startup aims for a valuation of $39.5 billion, though the talks are ongoing and the terms could change, Bloomberg reported Friday (Feb. 14), citing unnamed sources.
The company made a breakthrough in reasoning abilities and now believes that its products could be ready for use in homes in a few years, according to the report.
Figure did not immediately reply to PYMNTS’ request for comment.
The company was valued at $2.6 billion when it raised $675 million in a Series B funding round in February 2024.
Its investors at that time included Microsoft, OpenAI Startup Fund, Nvidia, Jeff Bezos (through Bezos...
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