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Robotics / COMPANY INTELLIGENCE

Apptronik

Builds general-purpose humanoid robots and robotic systems.

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.

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Co-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.

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Co-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.

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Selected 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.

  1. Equity

    Series A-X extension

    Disclosed amount$520M
    Not disclosedNot disclosed

    Named 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.

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.

What could work

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.
What could go wrong

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.

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.