A robotics company that designs and builds general-purpose humanoid robots intended for use in warehouses, manufacturing, and logistics environments.
Named as a constituent of Morningstar PitchBook Unicorn 20 Index, Morningstar PitchBook Unicorn 30, Morningstar PitchBook Global Unicorn, Morningstar PitchBook US Unicorn 100, Morningstar PitchBook Global Artificial Intelligence Unicorn, Morningstar PitchBook US Modern Market 100, Hiive50 Index and Forge Accuidity Private Market Index — a fact about those indexes, not an endorsement.
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15x valuation jump in 18 months, largely pre-revenue. Secondary-market prints in 2026 (Forge Global ~$174, Nasdaq Private Market ~$162.71) imply a valuation below the $39B Series C mark, suggesting softening demand ahead of any new primary round. BMW's Feb 2026 pilot with a competitor (Hexagon's AEON) is at a separate European plant (Leipzig) alongside, not a replacement of, Figure's original deployment at BMW Spartanburg, which by early 2026 had logged ~11 months and 30,000+ vehicles.
Low: The Daily Star, Jun 2026. High: Tracxn, Aug 2026.
As of 2026-09-13 · live via greenhouse's public job board · ≈13.1% of the 660–897 estimated team
+31 more roles across 12 other teams.
See all open roles at Figure AI →Figure AI builds bipedal humanoid robots and the neural-network software that controls them. Its Helix vision-language-action model runs on embedded GPUs in the robot, and the company said it was leaving an OpenAI collaboration in favour of in-house models. The company describes its third robot, Figure 03, as designed for volume manufacturing; robots are built at its in-house BotQ facility.
| Date | Type | What |
|---|---|---|
| Sep 4, 2026 | Milestone | Forbes reported an agreement with Nscale for up to 100,000 GPUs |
| Jun 25, 2026 | Milestone | BMW stated Figure 02 supported production of more than 30,000 X3 vehicles and said Figure 03 would start on logistics sequencing at the plant |
| Jan 27, 2026 | Milestone | Helix 02 announced: adds System 0, a 1 kHz whole-body controller, and extends System 1 to the whole robot |
| 2026 | Paper | Introducing Helix 02: Full-Body Autonomy |
| Nov 19, 2025 | Milestone | Began retiring Figure 02; Figure reported an 11-month BMW deployment, 1,250-plus operating hours and 90,000-plus parts loaded |
| Oct 9, 2025 | Milestone | Figure 03 introduced; Figure says it adds a camera in each palm, fingertip tactile sensors and 2 kW inductive charging through the feet |
| Mar 15, 2025 | Milestone | Announced BotQ, an in-house manufacturing facility; the company says its first line can produce up to 12,000 units a year |
| Feb 2025 | Milestone | Feb 4: said it was leaving the OpenAI deal for in-house models. Feb 20: published a technical report on Helix, a vision-language-action model |
| 2025 | Paper | Helix: A Vision-Language-Action Model for Generalist Humanoid Control |
| Sep 13, 2024 | Patent filed | US 12,611,766 B2 Humanoid robot with advanced kinematics |
| Sep 4, 2024 | Patent filed | US 12,578,733 B2 Bipedal action model for humanoid robot |
| Aug 6, 2024 | Milestone | Figure 02 unveiled |
| Feb 29, 2024 | Milestone | Announced a collaboration agreement with OpenAI |
| Feb 26, 2024 | Patent filed | US 12,605,824 B2 Humanoid robot |
| Jan 18, 2024 | Milestone | Signed a commercial agreement with BMW Manufacturing, which Reuters described as its first commercial deal |
| Jan 4, 2024 | Patent filed | US 12,420,434 B1 Kinematics of a mechanical end effector |
| Apr 17, 2023 | Patent filed | US 12,403,611 B2 Head and neck assembly for a humanoid robot |
| 2023 | Milestone | Figure 01, the first robot generation, shown |
| 2022 | Milestone | Founded by Brett Adcock, its chief executive |
Patents. The five listed U.S. patents, granted to Figure AI Inc between September 2025 and April 2026, cover a head-and-neck assembly, end-effector kinematics, a bipedal action model, a humanoid robot and humanoid kinematics; they are a sample, not a full count.
No acquisitions on record.
Figure AI, Inc. is a California company founded in 2022 by Brett Adcock, its chief executive. It builds bipedal humanoid robots and the neural-network software that controls them. Three generations have been shown: Figure 01 in 2023; Figure 02, unveiled August 6, 2024; and Figure 03, introduced October 9, 2025, which the company describes as designed from the start for volume manufacturing. Figure says the third model adds a camera in each palm, fingertip tactile sensors that register about three grams of force, 2 kW inductive charging through the feet and a battery certified to UN38.3. Robots are built at BotQ, an in-house facility announced March 15, 2025, whose first line the company says can produce up to 12,000 units a year.
On February 29, 2024 Figure announced a collaboration agreement with OpenAI alongside a $675 million Series B; on February 4, 2025 it said it was leaving that deal in favour of in-house models. On February 20, 2025 it published a technical report on Helix, a vision-language-action model with two networks: System 2, a 7-billion-parameter open-weight vision-language model running at 7 to 9 Hz, and System 1, an 80-million-parameter transformer that outputs upper-body control at 200 Hz, trained on about 500 hours of teleoperated demonstrations and running on two embedded GPUs in the robot. Helix 02, announced January 27, 2026, adds System 0, a 1 kHz whole-body controller the company says was trained on more than 1,000 hours of human motion data, and extends System 1 to the whole robot. Its main demonstration was a four-minute autonomous dishwasher task. Both reports are company documents without named authors or peer review.
The deployment with customer-confirmed results is at BMW Group Plant Spartanburg. Figure signed a commercial agreement with BMW Manufacturing on January 18, 2024, which Reuters described as its first commercial deal. Figure 02 robots later worked in the body shop, placing sheet-metal parts on a welding fixture. BMW stated on June 25, 2026 that Figure 02 supported production of more than 30,000 X3 vehicles; Figure reported an 11-month deployment, 1,250-plus operating hours and 90,000-plus parts loaded when it began retiring Figure 02 on November 19, 2025. BMW's release said Figure 03 would start on logistics sequencing at the plant. On September 16, 2025 Figure said its Series C had passed $1 billion in committed capital. Forbes reported on September 4, 2026 an agreement with Nscale for up to 100,000 GPUs with an initial $3.5 billion commitment.
Five U.S. patents granted to Figure AI Inc between September 2025 and April 2026 are listed below: a head-and-neck assembly (priority April 2023), end-effector kinematics, a bipedal action model, a humanoid robot whose Google Patents keywords include artificial intelligence, and a humanoid kinematics patent. This is a sample, not a full count of the portfolio. PrePost found no acquisitions by Figure AI, which is unrelated to the fintech company Figure Technology Solutions.
Profile as of Sep 19, 2026.
| Round | Date | Valuation | Lead |
|---|---|---|---|
| Series C | 2025-09-17 | $39.0B+1400% | Parkway Venture Capital |
| Series B | 2024-02-01 | $2.6B | No single lead designated -- Figure's own release describes a syndicate: Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos/Bezos Expeditions, Parkway Venture Capital, Intel Capital, Align Ventures, ARK Invest |
No upcoming rounds currently reported.
These are on the public record as giving exposure to Figure AI. Buying one means owning a stake in the vehicle, not in Figure AI, and the vehicle takes fees along the way.
| Vehicle | How you get exposure | Share of the vehicle | Who can buy |
|---|---|---|---|
| ARK Venture Fund Interval fund | Held directly | 2.55% of the fund | US investors, through brokers that carry the fund. Not exchange-traded. |
| Fundrise Innovation Fund, LLC Non-listed closed-end fund | Held directly | 1.29% of the fund | US investors, through the sponsor's platform. Not exchange-traded. |
| Stableton Morningstar PitchBook Unicorn 20 Certificate or fund, by country | Through the index it tracks one of 19 constituents of Morningstar PitchBook Unicorn 20 Index | — | Not published |
On the public record means the vehicle exists in a regulatory filing or a public product document. It does not mean PrePost has vetted it, or checked that it suits you. What each of these really is, and what comes off your return, is in the instruments primer.
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| Status | S-1 Not Filed |
|---|---|
| Timing | 2027-2028 (speculative, not tier-1-confirmed) |
| Notes | CEO Brett Adcock is reported (via secondary/aggregator commentary, not a verified direct quote) to be prioritizing revenue growth before any listing. |
| Source | Forge Global / TechMarketBriefs commentary, 2026 (aggregator-sourced, not tier-1 confirmed) |
Polymarket/Kalshi rows are live market-implied odds, not a PrePost prediction; everything else is a cited news signal. PrePost doesn't publish its own IPO forecast.