Technology

Humanoid Raises $152M Series A at $1.35B Valuation

UK-based robotics startup Humanoid has raised $152 million in a Series A round led by Prime Movers Lab, reaching a $1.35 billion post-money valuation.

UK-based robotics startup Humanoid has raised $152 million in a Series A round led by Prime Movers Lab, reaching a $1.35 billion valuation. The company plans to use the funds for development, commercial deployments, and mass production of its wheeled humanoid robots. Humanoid has secured partnerships with Schaeffler and Bosch for production and deployment.

Humanoid, a UK-based AI and robotics company building industrial humanoids, has raised 152millioninaSeriesAfinancingroundata152 million in a Series A financing round at a 1.35 billion post-money valuation.[reference:11] This brings the company's total funding to $270 million.[reference:12]

The round was led by Prime Movers Lab, the venture firm behind Figure AI's $39 billion valuation, with participation from Schaeffler, Bosch, Fubon Financial Venture Capital, and Aglaé Ventures.[reference:13] It is the largest-ever Series A round for a humanoid-first robotics company in Europe.[reference:14]

London-based Humanoid, founded as SKL Robotics Ltd. in 2024, is offering early access to the HMND 01 Alpha Wheeled version, a bimanual mobile manipulator.[reference:15][reference:16] The robot runs on KinetIQ, an AI framework for end-to-end orchestration of humanoid robot fleets, with KinetIQ Ascend extending the framework with reinforcement learning capabilities.[reference:17] The company is also developing a bipedal version.[reference:18]

"In just two years, we've partnered with some of the world's leading industrial companies and built one of the strongest pipelines in the industry," said Artem Sokolov, founder and CEO of Humanoid. "This funding gives us the resources to move even faster and to turn humanoid robots from breakthrough technology into everyday industrial tools."[reference:19]

The company plans to use the funding for development and launch of its next-generation humanoid platform, long-term commercial deployments in logistics, manufacturing, and retail, starting mass production of wheel-based semi-humanoid robots, and AI and software development.[reference:20]

Humanoid has already signed a 1,000-robot deal with Schaeffler and secured production capacity with Bosch that would enable the production of 100,000 units over the next five years.[reference:21] Klaus Rosenfeld, CEO of Schaeffler AG, said: "Humanoid robotics is rapidly moving from a visionary concept to an industrial reality, and Schaeffler is uniquely positioned to help shape this evolution."[reference:22]

The funding comes at a time of significant momentum for the humanoid robotics sector, with investors pouring money into companies developing robots that can augment human labor.[reference:23] Humanoid's rapid growth and strong partnerships position it as a major player in the industrial robotics space.