Apollo
General-purpose humanoid robot designed for useful work.
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Robotics · Humanoid Robotics
Apptronik
Builds general-purpose humanoid robots and robotic systems.
- Research status
- Research coverage
- Headquarters
- Austin, TX
- Coverage
- 2 product lines mapped
- Last reviewed
- September 2026
Product map
What the company builds
Products and operating platforms help connect company-level news to the revenue pools, customers, competitors, and supply chains it may affect.
Robotics platform
Actuation, controls and embodied-AI development stack.
01 / THE BUSINESS
How Apptronik creates value.
Builds general-purpose humanoid robots and robotic systems. The research focus is whether customer adoption can support attractive economics after development, delivery and ongoing service costs.
SectorRobotics
Founder coverage3 profiles
Research checkedSep 18, 2026
02 / PEOPLE BEHIND THE COMPANY
Meet the builders.
Co-founder
Jeff Cardenas
Jeff Cardenas is a co-founder of Apptronik. The company’s founding and leadership material provides context for its work in humanoid robotics.
Explore founderCo-founder
Nick Paine
Nick Paine is a co-founder of Apptronik. The company’s founding and leadership material provides context for its work in humanoid robotics.
Explore founderCo-founder
Luis Sentis
Luis Sentis is a co-founder of Apptronik. The company’s founding and leadership material provides context for its work in humanoid robotics.
Explore founderSelected founders; historical founding roles are distinct from current management positions.
03 / CAPITAL & OWNERSHIP
Follow the financing.
Selected disclosed events, newest first. Announcement values describe that transaction and date; they are not current share prices. Debt, equity and secondary transactions are identified separately.
- Equity
Series A-X extension
Disclosed amount$520MNot disclosedNot disclosedNamed participants: B Capital · Google · Mercedes-Benz · PEAK6 · AT&T Ventures · John Deere · Qatar Investment Authority
The extension brought the total Series A to more than $935M. Do not add the extension to that total again.
Read the announcement
Explore the named investors.
Names refer to the cited transactions. They do not establish current ownership, ownership percentages, or endorsement of this website.
04 / IN THEIR OWN WORDS
Watch. Listen. Form your view.
Apptronik
Apptronik — official video channel
Product demonstrations, company presentations and original updates, linked from the company’s own website.
Visit original material ↗Interviews reflect the speaker’s perspective at publication. Company statements are not independent verification.
05 / EDITORIAL ANALYSIS
The opportunity. The open questions.
Our interpretation of the business model and cited sources, not a valuation or a recommendation.
The case to investigate
- Commercial partnerships, real-world pilots, and production readiness.
- A stronger product position becomes economically meaningful when customers renew, expand and pay enough to cover delivery costs.
Pressure-test the thesis
- Hardware scaling.
- Competitive intensity.
- Customer ROI.
What to watch next
01
Pilot conversion — what changed in the latest original disclosure?
02
Manufacturing partnerships — what changed in the latest original disclosure?
03
Autonomy performance — what changed in the latest original disclosure?
YOUR RESEARCH WORKSPACE
Keep the questions that matter.
Use this checklist to record what you have investigated. Your notes stay in this browser.
06 / RESEARCH TRAIL
Go straight to the source.
Company overviewapptronik.comFounding & leadership backgroundapptronik.comSeries A-X extensionapptronik.com · Feb 11, 2026
Research checked Sep 18, 2026. Selected public disclosures, not a complete capitalization table or securities-filing search. Missing information is left unconfirmed. No investment availability or IPO date is implied.
Commercial partnerships, real-world pilots, and production readiness.
Private-company information is incomplete, episodic, and difficult to verify. Treat every data point as a starting point for diligence—not a substitute for company-approved materials, legal review, or investment analysis.
Add to my private currentSignals to monitor
Pilot conversionManufacturing partnershipsAutonomy performanceRisks to underwrite
Hardware scalingCompetitive intensityCustomer ROI Underwriting map
What an investor should actually diligence
Measure useful work delivered, not demonstrations. The key bridge is from a supervised pilot to repeatable deployments with improving utilization, reliability, service burden, and customer payback.
Buyer map
01
Manufacturers and warehouses
02
Logistics operators
03
Automotive and industrial firms
04
Research and development partners
Economics to request
01
Paid deployments and contracted units
02
Hours between intervention
03
Bill-of-materials trajectory
04
Deployment and support labor per unit
05
Robot-as-a-service contribution margin
Moat tests
01
Performance generalizes beyond staged tasks
02
Data flywheel improves deployment speed
03
Hardware supply chain can scale
04
Customer payback survives labor and financing assumptions
Milestone map
01
Pilot-to-production conversion
02
Manufacturing ramp
03
Autonomy reliability gain
04
New task or environment deployment
Comparable lensesIndustrial automationWarehouse roboticsAutonomous vehiclesAI software and sensors
Underwriting framework
How to diligence Apptronik
A company-specific starting point based on the operating realities of robotics. Replace assumptions with verified company materials, customer evidence, legal documents, and expert work.
Hardware gross margin
Service and software revenue per deployed unit
Manufacturing cost curve
Customer payback period
Paid deployments and renewals
Robot-hours without intervention
Task reliability across environments
Serviceability and fleet uptime
Industrial automation
Machine vision
Warehouse robotics
Labor and fixed-automation alternatives
Does the demo generalize?
Who carries maintenance and downtime risk?
Which component controls cost?
How much new data improves performance?
No securities are offered here.
SMYC does not represent that shares are available, transferable, appropriately priced, or suitable for any person. Private securities are illiquid, speculative, subject to transfer restrictions, and may result in total loss.