Brett Adcock is clear about what it takes to make artificial general intelligence useful in the physical world. “You need a high-dimensional robot that can navigate and perform real-world tasks,” he says. “You can’t strap AGI onto a vacuum cleaner.”
While most of the AI industry is chasing model architecture breakthroughs or consolidation, Figure AI is building full-scale humanoid robots designed to perform real labor autonomously. Founded in 2022, the company has raised 2.34 billion dollars to date, including a 1.5 billion dollar Series C in early 2025. Backers include Microsoft, OpenAI, Nvidia, and Jeff Bezos. PitchBook pegs the company’s current valuation at 2.6 billion dollars.
Adcock, who previously founded Archer Aviation and exited software firm Vettery, inves
Heron Data Targets Manual Backlogs with Vertical AI and $16.6M Series A
Heron says they now process over 350,000 documents a week
