Robotics / COMPANY INTELLIGENCE
Figure
Develops general-purpose humanoid robots for commercial work environments.
01 / THE BUSINESS
How Figure creates value.
Develops general-purpose humanoid robots for commercial work environments. The research focus is whether customer adoption can support attractive economics after development, delivery and ongoing service costs.
02 / PEOPLE BEHIND THE COMPANY
Meet the builders.
Co-founder
Brett Adcock
Brett Adcock is a co-founder of Figure. The company’s founding and leadership material provides context for its work in humanoid robotics.
Explore founderSelected founders; historical founding roles are distinct from current management positions.
03 / CAPITAL & OWNERSHIP
Follow the financing.
Selected disclosed events, newest first. Announcement values describe that transaction and date; they are not current share prices. Debt, equity and secondary transactions are identified separately.
- Equity
Series C committed capital
Disclosed amountMore than $1BPost-money valuation$39BNamed participants: Parkway Venture Capital · Brookfield Asset Management · NVIDIA · Macquarie Capital · Intel Capital · Align Ventures · Tamarack Global · LG Technology Ventures · Salesforce · T-Mobile Ventures · Qualcomm Ventures
The company describes committed capital, which is not necessarily the same as cash received on the announcement date.
Read the announcement
Explore the named investors.
Names refer to the cited transactions. They do not establish current ownership, ownership percentages, or endorsement of this website.
04 / IN THEIR OWN WORDS
Watch. Listen. Form your view.
Figure
Figure — official video channel
Product demonstrations, company presentations and original updates, linked from the company’s own website.
Visit original material ↗Interviews reflect the speaker’s perspective at publication. Company statements are not independent verification.
05 / EDITORIAL ANALYSIS
The opportunity. The open questions.
Our interpretation of the business model and cited sources, not a valuation or a recommendation.
The case to investigate
- The speed from prototype demonstrations to useful, repeatable paid deployments.
- A stronger product position becomes economically meaningful when customers renew, expand and pay enough to cover delivery costs.
Pressure-test the thesis
- Capital intensity.
- Deployment reliability.
- Unproven unit economics.
What to watch next
Customer pilots — what changed in the latest original disclosure?
Task reliability — what changed in the latest original disclosure?
Manufacturing cost curve — what changed in the latest original disclosure?
YOUR RESEARCH WORKSPACE
Keep the questions that matter.
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06 / RESEARCH TRAIL
Go straight to the source.
Company logo: original brand source. Trademarks identify their respective companies.
Research checked Sep 18, 2026. Selected public disclosures, not a complete capitalization table or securities-filing search. Missing information is left unconfirmed. No investment availability or IPO date is implied.
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