CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
CoinTelegraph 2025-03-18 14:13:21

ARK Invest joins $403M raise for AI robotics firm Apptronik

Cryptocurrency-friendly investment firm ARK Invest has joined a massive Series A funding round for Apptronik, a Texas-based firm building humanoid robots. Apptronik, on March 18, announced the successful close of an oversubscribed $403M Series A funding round, adding another $53 million to the $350 million round disclosed in February. After investing in Apptronik’s Series A round, ARK has enabled investors to access the company through its ARK Venture Fund (ARKVX), which focuses on “disruptive innovation.” Source: ARK Funds “After investing in their Series A round, the ARK Venture Fund is proud to offer investors access to Apptronik! Download SoFi and gain access today,” ARK wrote in an X post on Tuesday. Mercedes-Benz, Japan Post and Google among investors Led by California-based B Capital and Texas-based Capital Factory, the original $350 million Series A raise also featured participation from tech mogul Google. The latest raise included new investors such as the German automotive giant Mercedes-Benz, early-stage tech investor Japan Post Capital and RyderVentures, a corporate venture capital arm of Ryder System, as well as a syndicate led by Korea Investment Partners. Apptronik’s oversubscribed raise reflects strong market demand and investor confidence in the transformative power of embodied artificial intelligence, or integration of AI into physical systems. Apptronik’s vision: Man plus machine Founded in 2016, Apptronik is a robotics company that spun out of the University of Texas at Austin’s Human-Centered Robotics Lab with the goal of bringing forth the next generation of robots. The company says it has developed 15 robotic systems, including the humanoid robot NASA Valkyrie, before unveiling Apollo — an AI-powered humanoid designed for industrial work. Apptronik’s humanoid robot at trailer unloading. Source: Apptronik “We believe that it is not Man versus Machine, but Man plus Machine that will take humanity into the next stage of evolution,” Apptronik’s website reads . According to TechCrunch, Apptronik’s humanoid work dates back to 2013, when the Human Centered Robotics Lab at the University of Austin competed in the NASA-DARPA Robotics Challenge, focusing on a humanoid robot called Valkyrie. Google’s AI division, DeepMind, has also partnered with Apptronik to deliver embodied AI for its bipedal robots. Related: Not every AI agent needs its own cryptocurrency: CZ ARK Invest’s investment in Apptronik further strengthens the company’s commitment to innovation and technology, as the company’s name acronym itself refers to “Active Research Knowledge.” Apart from Apptronik, ARK has supported a wide number of AI platforms, including Anthropic, OpenAI, Groq and many others. In October 2024, ARK reportedly agreed to invest at least $250 million in OpenAI’s funding round, with the AI firm becoming its third-largest holding in the Ark Venture Fund, accounting for 5% of its total assets. Seven largest companies in the Ark Venture Fund. Source: ARK As of Feb. 28, Elon Musk’s space technology firm, SpaceX, accounts for the largest share of the fund with a weight of roughly 16%, according to the official website. Magazine: Sex robots, agent contracts a hitman, artificial vaginas: AI Eye goes wild

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.