Apptronik (APTX) Secures $520M Series A Extension Backed by Google and Mercedes-Benz

Feb 11, 2026 — Humanoid robotics startup Apptronik (APTX) announced a $520 million Series A extension, valuing the Austin, Texas-based company at about $5 billion. The round, led by B Capital and the Qatar Investment Authority, follows a $415 million raise in 2024 and is backed by Google, Mercedes-Benz, and GXO Logistics. The company plans to accelerate Apollo humanoid robot development, scale production, expand its Austin-based team beyond 300 and build a robot training and data center in Austin and a California office. Apptronik expects broader industrial deployments in 2026 and 2027, leveraging its partnership with Google DeepMind and Gemini AI, and is targeting manufacturing, logistics, and eventually care and home-use applications.