Funding round
Figure Seed
Figure, which works in humanoid robot manufacturing in San Jose, raised $100M in a Seed round announced on 1 Sep 2022. It is Figure's first venture round on record.
$100M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Figure did not disclose a valuation in this round. It is Figure's first venture round on record, in the year it was founded (2022). It is 1.9% of the $5.34B Figure has raised in the venture rounds on record. Figure raised again 8 months later: a Series A round of $70M in May 2023, at $500M post-money.
Figure's funding rounds
Figure has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
0 firms took part; no lead investor was named.
Individual investors: Brett Adcock.
Comparable rounds
How it compares
35 Seed rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $3.0M, and this round was 33 times the median. The closest in time, other companies' Seed rounds in Industrial Machinery & Supplies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Industrial Machinery & Supplies | 12 Sep 2022 | $2.3M | not disclosed | Kalaari Capital |
| Industrial Machinery & Supplies | 15 Sep 2022 | $1.7M | not disclosed | Pi Labs and Plug and Play |
| Industrial Machinery & Supplies | 1 Oct 2022 | $2.0M | not disclosed | Rubio |
| Industrial Machinery & Supplies | 12 Aug 2022 | $1.1M | not disclosed | not named |
| Industrial Machinery & Supplies | 2 Nov 2022 | $1.3M | not disclosed | Buff Gold Ventures |
| Apptronik Industrial Machinery & Supplies | 23 Jun 2022 | $15M | not disclosed | Capital Factory and Grit Ventures |
| Industrial Machinery & Supplies | 9 Dec 2022 | $5.6M | not disclosed | Lowercarbon Capital and GV |
| Industrial Machinery & Supplies | 20 Jun 2022 | $3.1M | not disclosed | Y Combinator |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Figure raise in its Seed round?
Figure raised $100M in its Seed round, announced in Sep 2022.
What was Figure's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Industrial Machinery & Supplies?
35 Seed rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $3.0M, and this round was 33 times the median.
Did Figure raise again after this round?
Yes: a Series A round in May 2023 of $70M at $500M post-money.