Figure AI logo

Figure AI

PrivateFounded 2022🇺🇸San Jose, California
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CEO

Brett Adcock

Data verified as of Sep 4, 2026

Summary

Figure AI is a San Jose robotics company building general-purpose humanoid robots and the Helix AI stack that powers them, and - following its $39B Series C in September 2025 - the best-capitalized pure-play humanoid company in the world. Its current platform, Figure 03, is in early commercial deployment: after an 11-month Figure 02 program at BMW's Spartanburg plant, BMW brought Figure 03 back on June 25, 2026 for logistics sequencing, and Catalyst Brands (JCPenney's parent) signed in May 2026 to deploy Figure 03 fleets at its Reno logistics center. The Helix 02 vision-language-action stack has demonstrated full 8-hour (and extended 40-hour) autonomous package-sorting shifts, while BotQ has scaled to one Figure 03 per hour and crossed 1,000 robots produced by July 23, 2026 - enough that CEO Brett Adcock said in June 2026 that deployed Figure robots now outnumber the company's human staff. On August 25, 2026 Figure launched Index, a crowdsourced physical-video app that while in stealth crossed 264,000 downloads, 16 million videos and $15 million paid to Creators, with more than $1 billion committed to data and compute over the next 12 months. Figure is separately contesting a wrongful-termination lawsuit from a former safety engineer, filed in November 2025, alleging its robots pose a skull-fracture risk; the case is in early discovery.

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Main Products

Figure 02

Figure 02

Retired

Second-generation workforce humanoid that validated Figure's first real factory deployment. Figure 02 paired six onboard RGB cameras, 16-DOF hands, onboard vision-language reasoning, and a 3x compute increase over Figure 01 for manufacturing and logistics tasks.

Retired from Figure's field fleet after an 11-month BMW Spartanburg deployment. The program's reliability and operations lessons were rolled into Figure 03 readiness.

PayloadUp to 20 kg (16-DOF hands lift up to 25 kg)
Speed1.2 m/s
Battery LifeUp to 5 hours (2.25 kWh torso battery)
ComputeDual NVIDIA RTX GPUs (3x over Figure 01)
Figure 03

Figure 03

Early Commercial Deployment

Third-generation humanoid robot redesigned for home and commercial environments, with softer surfaces, embedded palm cameras, tactile fingertips, wireless charging, and lower-cost manufacturing for large-scale deployment.

Figure's active commercial platform. 1,000+ Figure 03 units have been produced through BotQ (as of July 23, 2026) sustaining a rate of roughly one robot per hour, with Helix 02 running fully autonomous 8-hour package-sorting shifts. The May 2026 Catalyst Brands agreement deploys Figure 03 fleets at a Reno, Nevada distribution center. A 2026 System 0 upgrade adds perception-conditioned whole-body control, letting Figure 03 climb stairs and cross ramps and uneven terrain autonomously using only onboard stereo cameras.

Height / Weight5'8" / 61 kg
Payload20 kg
Runtime5 hours
Tactile Sensitivity3 gram force detection
Units Produced1,000+ (Jul 23, 2026)
Production Rate1/hour (~55/week)
MobilityAutonomous stair / ramp / uneven-terrain walking and ladder climbing (System 0, stereo-camera, zero-shot sim-to-real)

What's Next

Push BotQ from 1/hour toward 50,000/year

Figure hit a 24x throughput jump in early 2026 to one Figure 03 per hour and crossed 1,000 units produced on July 23, 2026, sustaining that pace over several months. The next phase is holding the rate as volumes climb further, finishing the publicly-stated supply-chain decoupling from China, and scaling toward Adcock's stated 50,000-unit annual target on the way to 100,000 robots across four years.

2026-2029

Execute the Catalyst Brands deployment

Stand up the Reno, Nevada Figure 03 fleet on the Joey Pouch sorting/packing system, prove throughput and uptime on a live retail-logistics floor, and use the program as the template for broader Catalyst Brands and other retail-logistics deployments. As of August 2026, neither company has disclosed the robot count or operating scale of the rollout, so it still reads as an early implementation phase rather than standing production.

2026-2027

Scale Helix-02 from demos to standing production

After the 8-hour, extended 40-hour, and 200-hour (~250,000-package, zero-failure) autonomous package-sorting demos in May 2026, the next milestone is keeping Helix 02 in continuous Catalyst-style commercial production rather than one-off marathons, while extending whole-body autonomy across additional logistics, office, and home tasks. No independent reporting as of August 2026 confirms continuous paying production has replaced the demo cadence.

2026-2027

Broaden home-task autonomy on Figure 03

After dishwasher and living-room demos, keep expanding Helix 02 across more rooms, tools, and multistep household routines so Figure 03 can move from staged home tasks to real residential pilots inside the Brookfield-supplied housing footprint. The companies' Project Go-Big initiative - pretraining Helix on egocentric human video captured across Brookfield's 100,000+ residential units - has already produced zero-shot, language-conditioned home navigation (e.g. following a 'go to the fridge' command) without robot-collected data, the next step being to extend that transfer from navigation to full manipulation tasks. Figure also launched Index on August 25, 2026, a crowdsourced physical-video app that is already processing 30 minutes of uploads per second, expanding the home-task data available to Helix beyond Brookfield-captured video.

2026-2027

Scale Index data collection and $1B data-compute spend

After bringing Index out of stealth on August 25, 2026 (264,000 downloads, 44,000 weekly active users, 16 million videos, $15 million paid to Creators), Figure said it is on a path to scale that pipeline and is committed to spend more than $1 billion over the next 12 months on data and compute. The September 3, 2026 Nscale partnership adds an initial $3.5 billion of dedicated cloud compute (intent to scale past $6 billion) on up to 100,000 Nvidia Vera Rubin GPUs starting in the second half of 2027. The next milestone is converting that crowdsourced physical video and new compute into Helix generalization gains that the company said it would share in more detail.

Next 12 months

Stand up Nscale Vera Rubin compute in Barstow

Nscale's initial GPUs for Figure are targeted for deployment starting in the second half of 2027 at its Barstow, Texas site, with Nscale becoming Figure's preferred compute provider and a shareholder. Watch whether the first Vera Rubin racks land on that H2 2027 window and whether the commitment scales from $3.5 billion toward the stated $6 billion-plus ceiling.

H2 2027

Operations & Revenue

StatusScaling commercial deployments

Figure has moved from a single paying customer (BMW) to multiple commercial agreements and a return engagement at BMW: on June 25, 2026 BMW put Figure 03 to work on logistics sequencing in Hall 52 at Plant Spartanburg. The May 2026 Catalyst Brands deal is deploying Figure 03 fleets at the Reno, Nevada distribution center on the Joey Pouch sorting/packing system, but as of August 2026 neither company has disclosed the robot count or scale of that rollout, so it still reads as an early implementation rather than standing high-volume production. Brookfield's strategic Project Go-Big partnership opens 100,000 residential units plus 500M sq ft of commercial office and 160M sq ft of logistics space as future deployment and training environments, and has already yielded zero-shot, language-conditioned home navigation from egocentric human video alone. On August 25, 2026 Figure launched Index, a crowdsourced physical-video app that while in stealth crossed 264,000 downloads and 16 million videos, with $15 million paid to Creators and more than $1 billion committed to data and compute over the next 12 months. Figure has demonstrated reliability at scale - a 200-hour continuous autonomous sorting run on Helix 02 (~250,000 packages, no hardware failures) - and remains in early exploratory talks with UPS about deploying humanoids across parts of its network; no signed UPS agreement has been announced as of August 2026.

Revenue Streams

Robot-as-a-Service (BMW)

Figure's first paid factory deployment ran at BMW's Spartanburg plant, where Figure 02 loaded sheet-metal parts on a daily production line before the fleet was retired in late 2025.

Retail logistics (Catalyst Brands)

Commercial agreement signed May 26, 2026 to deploy Figure 03 humanoids at Catalyst Brands' (JCPenney/Aéropostale/Brooks Brothers) Reno, Nevada distribution center, starting on the Joey Pouch sorting/packing system before expanding across the network. As of early September 2026, neither company has disclosed the robot count or scale of the rollout.

Other early commercial deployments

Figure says it has initiated additional early commercial deployments with select customers and expects Brookfield-linked residential, office, and logistics environments - opened up under the companies' Project Go-Big data partnership - to widen that deployment base over time.

Key Metrics

Employees

~660 (of which ~314 salaried; June 2026)

Est. Annual Revenue

Early commercial revenue (not publicly disclosed); ~$1,000/robot/month RaaS pricing referenced by third parties, with independent 2026 ARR estimates in the low tens of millions of dollars based on shipment cadence (still negligible against the $39B valuation)

Total Funding

~$1.9B

Valuation

$39B (post-money, Sep 2025)

Figure 03 Production Rate

1 robot/hour sustained, 1,000+ produced (Jul 23, 2026)

Helix 02 Autonomy

Sustained a 200-hour continuous autonomous package-sorting run (~250,000 packages, zero hardware failures) with three Figure 03 robots and autonomous battery swap

Manufacturing Target

12,000 robots/year initial, scaling toward 50,000/year and 100,000 over 4 years

Timeline

2026Helix 02 reaches full-body home autonomy

Figure launches Helix 02 in January to unify walking, manipulation, and balance, then shows the system autonomously tidying a living room in March as it expands from kitchen demos to broader home tasks.

2026BotQ scales to one Figure 03 per hour

Figure announces that BotQ has gone from one Figure 03 per day to one per hour - a 24x throughput improvement in under 120 days - with 350+ third-generation humanoids produced, more than 9,000 actuators across 10+ variants, 500+ battery packs shipped at 99.3% first-pass yield, and 80%+ end-of-line first-pass yield. CEO Brett Adcock says the plant is now scaling toward 55 robots per week.

2026Helix 02 runs full 8-hour autonomous shifts, then a 200-hour marathon

On May 13, 2026, Figure live-streams four Figure 03 humanoids ('Bob,' 'Frank,' 'Gary,' and later 'Rose') running a fully autonomous 8-hour package-sorting shift powered by Helix 02 - detecting barcodes, picking packages, and orienting them onto a conveyor at roughly human throughput. Figure then escalates the demo through ~40-hour and 81-hour runs to a 200-hour continuous autonomous operation in late May 2026 - three Figure 03 robots sorting roughly 250,000 packages (~249,560) with zero hardware failures, using autonomous battery swap to foot-based wireless charging docks between stints.

2026Catalyst Brands signs commercial Figure 03 deployment

On May 26, 2026, Catalyst Brands (parent of JCPenney, Aéropostale, and Brooks Brothers) signs a commercial agreement to deploy Figure 03 fleets in its Reno, Nevada distribution center, starting on the Joey Pouch sorting/packing system. The deal is one of the first public commercial humanoid agreements in U.S. retail logistics.

2026System 0 gains perception-conditioned whole-body control for stairs and terrain

Figure adds a perception-conditioned whole-body control upgrade to its low-level System 0 controller that lets Figure 03 climb stairs and cross ramps and uneven terrain using only onboard stereo cameras - no task-specific programming, motion capture, or operator intervention. RGB imagery is fused into a real-time 3D representation of the ground and combined with the robot's proprioceptive state; the locomotion policy is trained end-to-end with reinforcement learning across thousands of randomized simulated terrains and transfers zero-shot to the real robot across varied lighting, a key step toward multi-level factory, warehouse, and home environments.

2026BMW deploys Figure 03 at Spartanburg for logistics sequencing

On June 25, 2026, BMW put Figure's third-generation Figure 03 humanoid to work on complex logistics sequencing (picking parts from unsorted containers into just-in-sequence trolleys) in Hall 52 at Plant Spartanburg - a return to the customer after the earlier Figure 02 pilot. That 11-month body-shop pilot supported production of 30,000+ BMW X3 vehicles and loaded 90,000+ sheet-metal parts across roughly 1,250 runtime hours at >99% placement accuracy. Figure 03 adds wireless charging, tactile hands, palm cameras and speech-to-speech audio, and Figure said it is beginning fleet-wide retirement of the Figure 02.

2026Robots outnumber humans at Figure

On June 20, 2026, CEO Brett Adcock announces that deployed Figure robots (roughly 740–750) now outnumber the company's human staff (about 660, of whom only ~314 are salaried with the rest hourly or contract) for the first time - a milestone he frames as evidence of Figure's manufacturing and deployment ramp as BotQ scales Figure 03 output and commercial fleets grow.

2026Figure 03 appears at White House AI education summit

On March 25, 2026, a Figure 03 humanoid accompanies First Lady Melania Trump into the East Room at the White House during the 'Fostering the Future Together' summit, greeting attendees in multiple languages - the first appearance of a humanoid robot at a White House event and a high-visibility moment for Figure's home/consumer ambitions.

2026BotQ produces its 1,000th Figure 03

On July 23, 2026, Figure announces that BotQ has manufactured its 1,000th Figure 03 humanoid, up from 350+ units in late May, sustaining the roughly one-robot-per-hour production rate over several months. CEO Brett Adcock marks the milestone with a special gold-finished unit.

2026Figure 03 demonstrates autonomous ladder climbing

On August 1, 2026, CEO Brett Adcock posts video of a Figure 03 autonomously climbing a ladder, grabbing both rails and stepping up rung by rung without visible remote control or human guidance, an extension of the System 0/Helix perception-conditioned mobility work that already let Figure 03 handle stairs, ramps, and uneven terrain. Figure has not published technical details of the underlying policy and the demo has not been independently verified.

2026CEO Brett Adcock's Hark raises $700M as he runs multiple companies at once

On May 21, 2026, Hark - a separate AI-hardware startup founded and personally funded by Figure CEO Brett Adcock to build 'personalized intelligence' devices - closed a $700M+ Series A at a $6B post-money valuation led by Parkway Venture Capital, with participation from NVIDIA, Intel Capital, Qualcomm, Salesforce, and Brookfield, several of whom are also Figure investors. Adcock now runs Figure, Hark, and the school-security startup Cover simultaneously, drawing governance questions from industry observers about executive bandwidth and potential conflicts across the ventures.

2026Court orders Gruendel to return and destroy documents taken from Figure

In a July 2026 discovery order in the Gruendel wrongful-termination suit, the court found former safety engineer Robert Gruendel had taken a collection of Figure documents outside normal discovery and ordered him to produce all of them to Figure by July 8, 2026, destroy his and his vendor's copies by July 9, and certify compliance in writing by July 10 - while Figure was ordered to preserve the documents and produce non-privileged material responsive to the complaint. The underlying wrongful-termination and robot-safety claims remain unresolved.

2026Launches Index crowdsourced physical-data app

Figure came out of stealth on August 25, 2026 with Index, a consumer app that pays people to record real-world physical tasks for Helix training. While in stealth the app crossed 264,000 downloads across 108 countries, 44,000 weekly active users, more than 16 million uploaded videos and 30 minutes of video processed every second, with $15 million paid to Creators. Figure said it is committed to spend more than $1 billion over the next 12 months on data and compute as it scales the pipeline.

2026Signs $3.5 billion Nscale compute partnership

On September 3, 2026 Nscale and Figure signed a multi-year compute partnership with an initial $3.5 billion commitment that Nscale said it intends to scale past $6 billion. The deal targets deployment of up to 100,000 Nvidia Vera Rubin GPUs starting in the second half of 2027 at Nscale's Barstow, Texas site, and makes Nscale a Figure shareholder and preferred compute provider for the next generation of Helix models.

2025$1B+ Series C at $39B valuation

Figure exceeds $1B in Series C funding at a $39B post-money valuation to accelerate humanoid production, AI development, and commercial scale-up.

2025Figure 03 introduced for home and scale

Figure introduces Figure 03, a lower-cost third-generation platform redesigned for Helix, home environments, and high-volume manufacturing through BotQ.

2025Figure 02 completes BMW deployment

Figure reports an 11-month Figure 02 deployment at BMW Spartanburg that ran daily 10-hour shifts, loaded 90,000+ parts, and contributed to 30,000+ X3 vehicles before the fleet's retirement.

2025Former safety engineer sues Figure over robot-force allegations

On November 21, 2025, Robert Gruendel, Figure's former principal robotic safety engineer, files a wrongful-termination lawsuit in the U.S. District Court for the Northern District of California alleging he was fired in September 2025 days after warning CEO Brett Adcock and chief engineer Kyle Edelberg that Figure's robots were powerful enough to fracture a human skull, citing a malfunction in which a Figure 02 unit gashed a steel refrigerator door. Figure says Gruendel was terminated for poor performance and is contesting the claims; the company filed its answer and counterclaims on January 16, 2026, and the case remains in early discovery as of mid-2026.

2024$675M Series B; BMW partnership

Announces commercial partnership with BMW Manufacturing in January and raises $675M Series B at a $2.6B valuation in February with investors including Microsoft, OpenAI, NVIDIA, and Jeff Bezos.

2024Figure 02 unveiled

Figure unveils Figure 02, a ground-up redesign for workforce use with six onboard RGB cameras, fourth-generation hands, and 3x more onboard compute than Figure 01.

2023Exits stealth; Figure 01 walks

Figure exits stealth mode in January. By May, Figure 01 achieves dynamic bipedal walking - less than one year from founding. Raises $70M Series A led by Parkway Venture Capital.

2022Founded and self-funded

Brett Adcock founds Figure AI and self-funds a $100M seed round to develop general-purpose humanoid robots.

Funding

Cumulative disclosed raise · dated rounds

$1B$2B2023202420252026$1.8B raised
RoundDateAmountInvestorsSource
Seed2022$100MBrett Adcock (self-funded)
Series AMay 2023$70MParkway Venture Capital (lead)
Series BFeb 2024$675MMicrosoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos, Amazon Industrial Innovation Fund, Intel Capital, Parkway Venture Capital, ARK Invest
Series CSep 2025$1B+Parkway Venture Capital (lead), Brookfield, NVIDIA, Intel Capital, Microsoft, OpenAI, Jeff Bezos, Qualcomm, Salesforce

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