Humanoid robot startup Apptronik announced on Wednesday that it has completed a $520 million funding round, with investors including Google and Mercedes-Benz, as the company pushes forward with the commercialization of industrial robots. According to sources familiar with the matter, following this funding round, the Austin, Texas-based company is valued at approximately $5 billion. Additionally, B Capital and the Qatar Investment Authority also participated in this Series A extension round, which comes about a year after Apptronik's previous $415 million funding round.
