Artificial Atlas

Who is betting on what in AI, and against whom.

Apptronik

Apollo humanoid; $5.5B.

HQ
Austin
Founded
2016
Web
apptronik.com
Camps
Physical AI

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What it does

Apptronik's Apollo humanoid came out of a decade of NASA-linked robotics work at UT Austin. Google, Mercedes-Benz and B Capital led a $520M Series A extension in February 2026 at more than $5.5B, taking the Series A above $935M.

Camp membership over time

  1. dates not recorded
    Physical AI and robotics
    Apollo humanoid; Google and Mercedes as investors and customers.
    Sources CNBC 2026-02-11

Capital

AmountKindValuationDateInvestorsSource
$350MSeries A Feb 2025 B Capital, Capital Factory, Google Later upsized to $403M with Mercedes-Benz, ARK and others. TechCrunch
$520MSeries A extension $5.5B post-moneyFeb 2026 B Capital, Google, Mercedes-Benz, PEAK6, AT&T Ventures, John Deere, Qatar Investment Authority CNBC, Apptronik

People

JCJeff CardenasCo-founder and CEO

General sources

Apptronik closes over $935 million Series A 2026-02-11