HISTORICAL P100 / #11

Figure AI

Robotics · United States

Historical ranking valuation$39.0BSource snapshot: Jun 19, 2026

Disclosed primary funding in this record

$745M

Sum of non-overlapping disclosed USD amounts in confirmed primary financing entries in this record, including separately labeled equity components; not verified lifetime funding. Excludes amounts already included in a later round, announced, reported, database-only, debt, secondary and unclassified events.

2 confirmed primary rounds with disclosed USD amounts · Record through 2026-10-03

THE BUSINESS

Get to know Figure AI.

Figure develops humanoid robots and the Helix AI system intended to control them. Its Figure 03 design targets manipulation and movement in home and commercial environments; those are company-described product goals, not independently verified deployment claims.

Figure 03 product announcement ↗Source checked Sep 24, 2026

Valuation history

Valuations reported at the time of each round.

Sep 16, 2025$39B post-moneySeries C · ConfirmedSource ↗

Feb 29, 2024$2.6BSeries B · ConfirmedSource ↗

Funding history

Funding rounds, debt and other financing events.

5sourced events · record as of 2026-10-03

A database's June 2026 $2.5B Series D claim was withheld, not disproven. Figure's 2025 Series C announced more than $1B committed, not drawn cash. Adcock told Axios he put $10M into Figure in 2022; TechCrunch described $100M of startup funding that September. Neither establishes a May 1 $100M paid-in seed closing or Bold Capital's 2022 participation. The founder capital's total, exact dates and security terms remain unresolved. This is not a complete legal funding ledger.

Sep 3, 2026LATEST SOURCED

other

Nscale strategic investment announced (amount undisclosed)

Nscale

Source published Sep 3, 2026; not a financing date

Figure announces that Nscale is making a strategic investment; Nscale's corresponding release says it will become a shareholder. Investment amount, security class, subscription vehicle, exact closing and cash paid are undisclosed. September 3 is publication, not authenticated settlement. The separate $3.5B initial compute commitment and intent to scale above $6B are not investment proceeds and are excluded from funding totals. This announcement does not authenticate current retained ownership. Counterparty source: https://www.nscale.com/press-releases/nscale-and-figure

AmountUndisclosedValuationUndisclosed

Sep 16, 202504

primary

Series C

Parkway Venture Capital (lead) · Brookfield Asset Management · NVIDIA · Macquarie Capital · Intel Capital · Align Ventures · Tamarack Global · LG Technology Ventures · +3 more

AmountMore than $1B committedValuation$39B post-money

Feb 29, 202403

primary

Series B

Microsoft · OpenAI Startup Fund · NVIDIA · Bezos Expeditions · Parkway Venture Capital · Intel Capital · Align Ventures · ARK Invest

Amount$675MValuation$2.6B

May 24, 202302

primary

Series A

Parkway Venture Capital (lead) · Brett Adcock · Aliya Capital · Bold Capital Partners · Tamarack Global · FJ Labs · Till Reuter

Amount$70MValuationUndisclosed

202201

other

Founder self-financing (round unverified)

Brett Adcock (lead)

AmountUndisclosed paid-in totalValuationUndisclosed

Financing participants

Investors, lenders and other parties named in funding announcements.

Nscale

Nscale strategic investment announced (amount undisclosed) · Sep 3, 2026 · Participant · other · Confirmed · Confirmed source ↗

Parkway Venture Capital

Series C · Sep 16, 2025 · Lead participant · primary · Confirmed · Confirmed source ↗

Series B · Feb 29, 2024 · Participant · primary · Confirmed · Confirmed source ↗

Series A · May 24, 2023 · Lead participant · primary · Confirmed · Confirmed source ↗