CNBC
Apptronik Raises $520M for Apollo at a $5B Valuation
The Austin maker extended its Series A to nearly $1B total, funding Apollo's push from warehouse pilots toward commercial scale.
The money keeps flowing into work, not warmth. Apollo is in pilots with Mercedes-Benz and GXO, and now has a ~$5 billion valuation and Google's AI behind it. For our beat, it's a useful reminder of where the capital actually goes — and how far ahead industrial humanoids are of the companions that borrow their parts.