AI robotics company Figure said on Tuesday it had received over $1 billion in committed capital in its latest funding round that valued the firm at $39 billion post money.
The series C round was led by Parkway Venture Capital, and also saw participation from industry majors such as NVIDIA 
NVDA, Intel Capital, LG Technology Ventures, Salesforce 
CRM, T-Mobile Ventures, and Qualcomm Ventures.
Venture capital firms have been pouring money into firms that leverage artificial intelligence, helping such companies raise massive amounts in funding rounds while staying private for longer.
Figure’s funding round also saw investment from other big investors such as Brookfield Asset Management 
BAM, Macquarie Capital, Align Ventures and Tamarack Global.
U.S. startup funding is set to hit its second-highest total on record, up 75.6% in the first half of 2025, driven by the ongoing AI surge, according to a report by Pitchbook.
