TMTPOST -- Figure, a robotics company founded by Brett Adcock, has raised $1 billion in Series C funding, bringing its post-money valuation to an astonishing $39 billion.

The new funding round was led by Parkway Venture Capital, with participation from Brookfield Asset Management, NVIDIA, Macquarie Capital, Intel Capital, Align Ventures, Tamarack Global, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures.

This follows Figure’s $675 million Series B round in February 2024, with investments from heavyweights like Microsoft, the OpenAI Startup Fund, Jeff Bezos, and other leading names. Parkway Venture Capital and Intel Capital, both significant contributors to the Series C, were also part of the Series B round. Figure's rapid rise has made it a standout player in the robotics and AI space, attracting attention not only from investors but also from major tech companies.