figure ai: manufacturing the first autonomous humanoid robot at scale
2022
Jesse Coors-Blankenship
Co-founder, General Partner
Gregg Hill
Co-founder, General Partner
Figure AI builds humanoid robots that do real work — and Helix, the in-house software that lets them handle things they have never seen before. We were proud to lead the company's $70M Series A in 2023, and to lead again at Series C in 2025, a round that closed above $1 billion at a $39 billion valuation.
Incorporating cutting-edge AI, data, simulation, and complex engineering technologies, Figure’s product establishes a new market territory with the potential to touch the manufacturing, medical, enterprise, and retail industries.
2022
Figure is founded by Brett Adcock
2024
Figure unveils Figure 02. OpenAI & Microsoft leads $675M Series B
2025
Parkway leads $1B+ Series C at $39B post-money valuation
2023
Figure emerges from stealth and unveils Figure 01. Parkway leads $70M Series A
2024
Figure launches Figure 02 at BMW Spartanburg factory
Tailored support to streamline Figure’s early growth
Our relationship with Brett Adcock, Figure’s Founder and CEO, goes back decades, built on mutual passion for world-changing technologies. Over the course of many conversations, it became clear that our approach to investing aligned perfectly with the type of support Brett sought from financial partners. We brought targeted financial and operational expertise informed by hands-on experience running and funding technology companies, but more importantly, we believed in his vision for the company, and positioned ourselves to best support and accelerate the work of him and his leadership team.
I was looking for partners that fully trusted me, and Parkway was the only group that understood the scale of my vision, and didn’t try to hold me back. They’ve encouraged me to think as big as possible.
Brett Adcock, Founder and CEO Figure AI
Hitting strategic milestones ahead of schedule
In February 2024, with support from Parkway, Microsoft, Nvidia, Bezos Expeditions and Intel Capital, Figure signed a partnership agreement with Open AI to collaborate on next-generation AI models.
