Apptronik

Develops human-centered robotic products and services

Austin, Texas, United States

About Apptronik

Apptronik develops human-centered robotic products and services designed to integrate seamlessly into human environments. Their robots aim to enhance productivity, safety, and quality of life for users. The company has created advanced legged robots, such as the Valkyrie humanoid robot, and focuses on making robots lighter, safer, and more efficient through their mechatronic and control software. Apptronik serves a variety of clients, including hobbyists, researchers, and industries, by selling robotic products, components, and offering engineering services tailored to their needs. The company's goal is to create robots that can work alongside humans, making everyday tasks easier and safer, which distinguishes them from competitors who may not prioritize user-friendliness in their designs.

Austin, TexasHeadquarters
2015Year Founded
$14.4MTotal Funding
SEEDCompany Stage
Robotics & Automation, Industrial & ManufacturingIndustries
51-200Employees

Benefits

Flexible Work Hours
Unlimited Paid Time Off
401(k) Retirement Plan
Company Equity

Risks

Increased competition from established robotics companies like Boston Dynamics.
Potential over-reliance on partnerships with tech giants like Google.
Challenges in scaling production and deployment of humanoid robots in real-world environments.

Differentiation

Apptronik focuses on human-centered robots that integrate seamlessly into human environments.
The company has developed Apollo, the world's most advanced humanoid robot.
Apptronik's partnership with Google DeepMind enhances its AI capabilities in robotics.

Upsides

Increased demand for collaborative robots in manufacturing and logistics sectors.
Growing interest in AI-powered robotics solutions boosts Apptronik's market potential.
Apptronik's Apollo robot is being trialed in automotive manufacturing and logistics.

Funding

Total raised$14.42 M
Latest valuation$73.00 M
StageSEED