Apptronik, an AI-powered humanoid robotics startup, has raised an additional $53 million in its Series A funding round, bringing the total to $403 million.
New investors in the funding round include Mercedes-Benz, Japan Post Capital, ARK Invest, and others.
The funding will support the production and deployment of Apptronik's AI-powered humanoid robot, Apollo, in industries such as automotive, electronics manufacturing, and logistics.
Mercedes-Benz is using Apollo robots in its manufacturing process, and there are plans to expand their deployment to additional sites.