Funding round
Apptronik Series A
Apptronik, which works in humanoid robot design and manufacturing in Austin, raised $520M in a Series A round announced on 11 Feb 2026, led by GV, Mercedes-Benz Group AG and B Capital, at a $5.00B post-money valuation. 8 firms took part, 4 of them already investors. It is Apptronik's third venture round on record; the one before was a Seed in Feb 2023.
$520M
Amount raised
$5.00B
Post-money valuation
$4.48B pre-money
8
Investors
3 leads
10%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Apptronik at $5.00B after the new money. The $520M bought investors about 10% of the company. It came 36 months after Apptronik's Seed. It is 95% of the $545M Apptronik has raised in the venture rounds on record. No later venture round is on record for Apptronik.
Apptronik's funding rounds
Apptronik has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
GV, Mercedes-Benz Group AG and B Capital led the round with 5 other firms. GV, Mercedes-Benz Group AG, B Capital and Mercedes-Benz had backed Apptronik before.
Lead investors
Also in the round
- Qatar Investment Authority backs 71 venture-backed companies new investor
- AT&T Ventures new investor
- John Deere & Co. new investor
- backs 22 venture-backed companies new investor
- Mercedes-Benz existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
29 Series A rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $16M, and this round was 33 times the median. The closest in time, other companies' Series A rounds in Industrial Machinery & Supplies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Industrial Machinery & Supplies | 10 Mar 2026 | $63M | not disclosed | HDFC Bank Limited and Mitsui Sumitomo Insurance Venture Capital |
| Industrial Machinery & Supplies | 1 Mar 2026 | $17M | not disclosed | not named |
| Industrial Machinery & Supplies | 12 Mar 2026 | $16M | not disclosed | BDC Capital |
| Industrial Machinery & Supplies | 21 Apr 2026 | $12M | not disclosed | Rotterdamse Havendraken and Innovation Industries |
| Industrial Machinery & Supplies | 30 Dec 2025 | undisclosed | not disclosed | not named |
| Industrial Machinery & Supplies | 15 Nov 2025 | $12M | not disclosed | not named |
| Industrial Machinery & Supplies | 20 May 2026 | $5.4M | not disclosed | IAN Group |
| Industrial Machinery & Supplies | 13 Oct 2025 | undisclosed | not disclosed | Qiming Venture Partners |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Apptronik raise in its Series A round?
Apptronik raised $520M in its Series A round, announced in Feb 2026.
Who led Apptronik's Series A round?
GV, Mercedes-Benz Group AG and B Capital led it, with Qatar Investment Authority, AT&T Ventures, John Deere & Co., PEAK6 and Mercedes-Benz.
What was Apptronik's valuation at the Series A round?
$5.00B post-money ($4.48B pre-money).
How does it compare with other Series A rounds in Industrial Machinery & Supplies?
29 Series A rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $16M, and this round was 33 times the median.