The source identifies the round as occurring in Q1 2026, not on September 23, 2026; its September 23 publication date is not the announcement date. No investors are named, and the source writes the amount as "$520 million" in the narrative and "$520M" in the roundup entry.
[ BUILT WITH ]·[ SEARCH ]found by Firecrawl search: "Series A" raises million startup·[ SCRAPE ]2 pages read: valueaddvc.com, globenewswire.com·[ JSON ]round extracted with a schema, grounded to one sentence·[ VERIFY ]confirmedread back across 1 source·[ BRANDING ]logo and colour from the homepage·[ ALEXANDRIA ]firmographics from FullEnrich via Alexandria·[ AGENT ]dossier built by the Firecrawl agent
The source identifies the round as occurring in Q1 2026, not on September 23, 2026; its September 23 publication date is not the announcement date. No investors are named, and the source writes the amount as "$520 million" in the narrative and "$520M" in the roundup entry.
[ BUILT WITH ]·[ SEARCH ]found by Firecrawl search: "Series A" raises million startup·
Dossier
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Founders
Jeff Cardenas · Co-founder and CEO
He studied business and technology commercialization at the University of Texas at Austin, worked in UT Austin's IC2 Institute commercialization group and Deloitte Consulting's technology practice, and previously founded startups and a nonprofit.
Nicholas Paine · Co-founder and CTO
He earned BS, MS and PhD degrees in Electrical and Computer Engineering from UT Austin, worked on the UT Series Elastic Actuator, served on the NASA-JSC DARPA Robotics Challenge team designing actuators and controllers for Valkyrie, and later was a UT Austin postdoctoral researcher.
Bill Helmsing
The Daily Texan identifies him as a UT-Austin alumnus among Apptronik's co-founders.
Bill Welch
The Daily Texan identifies him as a UT-Austin alumnus among Apptronik's co-founders.
Luis Sentis
The Daily Texan identifies him as an associate professor of aerospace engineering at UT Austin and one of Apptronik's co-founders.
Founded
2016
Total raised
nearly $1 billion
Customers
Mercedes-Benz, GXO Logistics, Jabil, NASA, Lockheed Martin
Backers
B Capital, Capital Factory, Google, Mercedes-Benz, PEAK6, AT&T Ventures, John Deere, Qatar Investment Authority (QIA), Japan Post Capital, ARK Invest, Helium-3, Magnetar, RyderVentures, Korea Investment Partners, Tiger 21, Grit Ventures, Perot Jain, UT Innovation Grant
Apptronik sells humanoid robots, particularly focused on enhancing workplace productivity through automation, primarily for industries like manufacturing, logistics, and retail.
Headcount
486
Type
Privately Held
Industry
Robot Manufacturing
Via Alexandria from FullEnrich: headcount, type, industry
