Overview
- Backers include Google, Mercedes‑Benz, B Capital and the Qatar Investment Authority, with reporting placing Apptronik’s valuation at roughly $5.0–$5.3 billion.
- Apptronik plans to develop new versions of its Apollo robot, ramp manufacturing and grow its workforce beyond more than 300 employees.
- The company will build a robot training and data collection facility in Austin and open an office in California to support commercial rollout.
- Apptronik is deepening its collaboration with Google DeepMind, which supplies Gemini‑based models as the company contributes hardware and real‑world training data.
- Initial targets are manufacturing and logistics, with commercial agreements in place with Mercedes‑Benz and GXO Logistics and further factory and warehouse deployments expected this year and next.