Very large capital raise and approximately $5 billion valuation reported by CNBC, creating significant execution and commercialization expectations as the company scales production.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
Apptronik is an Austin-based human-centered robotics company spun out of the University of Texas at Austin’s Human Centered Robotics Lab. It develops AI-powered humanoid robots intended to work safely alongside people, initially in manufacturing, logistics, warehousing and retail, with longer-term applications in healthcare and the home.
Primary product
Apollo, a modular, AI-powered humanoid robot platform with bipedal and wheeled configurations, dexterous manipulation and applications including material handling, case picking, palletization, kitting, inspection, sorting and machine tending.
Founded
2016
Headquarters
Austin, Texas, United States
Team size
300–450 (public sources range from more than 350 to approximately 450 in 2026)
Work style
Hybrid
Industry
Robotics manufacturing
Sub-industry
AI-powered humanoid robotics and industrial automation
Offices
Business model
Stage
Late-stage private, post-Series A / Series A extension
Total raised
$1B
Latest round
Series A-X extension · Feb 2026
Latest amount
$520M
Feb 2026 · B Capital and Google
Series A (oversubscribed total disclosed)
Mar 2025 · B Capital and Capital Factory
Leadership
Co-Founder and CEO
Co-Founder and CTO
Kay Sheils Kingsbury
Chief Financial Officer
Barry Phillips
Chief Commercial Officer
Daniel Chu
Chief Product Officer
Steve O'Dea
Chief Operating Officer
Founders
The company describes a culture built around creativity, humility, integrity, passion and curiosity, with a human-centric and ethical mission summarized as “Man + Machine.” Public career sources describe a hybrid/flexible schedule and open-door communication. Built In reports at least two remote days per week subject to manager discretion.
Work style
Hybrid
Visa sponsorship
Yes
Compensation
Apptronik publicly advertises competitive compensation, equity, performance bonuses and relocation assistance. U.S. H-1B/LCA records show sponsorship activity, with 2025 filings including engineering, software, systems and scientific roles; reported 2026 sponsored-role wage data spans roughly $63,000 to $343,000, with a median around $135,533. These are occupation/location-specific wage filings, not a company-wide pay range.
Benefits
Pricing
Not publicly published. Apptronik has discussed eventual Apollo pricing below $50,000 in an earlier target and approximately $80,000 per year for high-volume delivery/RaaS in 2027 commentary; treat these as targets or estimates, not current list prices.
Differentiators
Estimated revenue
Approximately $1M–$10M based on third-party company-profile estimates; LinkedIn-derived data cited approximately $3.5M. Public revenue is not disclosed, so confidence is low.
Very large capital raise and approximately $5 billion valuation reported by CNBC, creating significant execution and commercialization expectations as the company scales production.
SourceThe company remains in a capital-intensive pre-scale commercialization phase: Apollo 2 and Robot Park are being used to collect training data and prepare for a future commercial Apollo 3 fleet.
SourceRuntimeWire · Jul 2026
Describes the Google DeepMind Gemini Robotics 2 and Apollo 2 demonstration, the data partnership and remaining reliability challenges in dexterous tasks.
Apptronik / GlobeNewswire · Jun 2026
Announces the expanded nearly 90,000-square-foot Austin Robot Park and Apollo 2 in bipedal and wheeled configurations for data collection and training.
CNBC · Feb 2026
Reports the $520M Series A extension, approximately $5B valuation, roughly 300 employees at the time, industrial partners and plans to expand production and California operations.
Apptronik · Feb 2026
Company announcement covering the $520M extension, repeat and new investors, and the Series A total exceeding $935M.
82 jobs at Apptronik
Bill Helmsing
Co-founder
Dr. Luis Sentis
Co-founder / robotics researcher and advisor
Technology
Customers
Competitors
TechCrunch · Feb 2025
Covers the initial Series A, prior capital efficiency, Mercedes and GXO pilots, headcount growth plans and an earlier Apollo target price below $50,000.
Feb 2025 · B Capital and Capital Factory