Apptronik raises $350 million to make humanoid robots
Dan Primack"Apollo" in action. Source: ApptronikApptronik, a Texas-based developer of humanoid robots, announced Wednesday that it's raised $350 million in Series A funding.Why it matters: This is a quantum of capital that's designed to scale the company's robots from tech conference novelty acts to essential "workers" in a variety of industries. Catch up quick: Apptronik was founded in 2016, after the founding team had worked with NASA on the DARPA Robotics Challenge. It was bootstrapped for th...
Read more at axios.com