Figure.ai and the Capital Signal Behind the Humanoid Race
- Tania Tugonon
- Oct 2
- 1 min read
Source: figure.ai
A New Phase of AI Investment
The evolution of Figure.ai illustrates a notable shift in how capital is being deployed across artificial intelligence and automation.
The company has raised over $1.8 billion at a $39 billion valuation, positioning itself as one of the early leaders in humanoid robotics.
Founded in 2022 by Brett Adcock, Figure.ai draws on engineering talent from Tesla, Boston Dynamics, DeepMind, and NASA—combining embodied AI with scalable manufacturing processes.
Capital Convergence: Real Assets Meet AI
The company’s Series C round, led by Parkway VC and Brookfield, highlights the growing overlap between technology and infrastructure capital.
Brookfield’s involvement—traditionally focused on real assets—highlights a broader investor migration toward physical AI systems that merge automation, data, and industrial capacity.
Beyond financing, the partnership extends to GPU infrastructure, large-scale pretraining datasets, and real-world humanoid deployments across Brookfield’s portfolio.
This integration of capital and capability reflects how AI is becoming an operational layer in asset-intensive industries.
Implications for Private Markets
Figure.ai’s trajectory signals that embodied AI—where intelligence is expressed through physical capability—may form a new category of investable assets.
As costs decline and pilots scale, private credit and secondary capital could play an increasingly important role in funding hardware production, data infrastructure, and deployment networks.
The key question is no longer whether humanoids will reach market viability, but how investors will structure exposure as automation becomes part of the industrial base.
Further Reading
Axis Group Ventures continues to examine how emerging technologies intersect with liquidity, credit, and secondary markets. We encourage readers to reach out for collaboration or insight sharing.
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