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

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约