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Google-Backed Apptronik in Talks to Raise Funding at $5 Billion ValuationExclusive

Google-Backed Apptronik in Talks to Raise Funding at $5 Billion Valuation

Apptronik, a humanoid robot maker backed by Google, is in the process of raising at least $400 million at a $5 billion valuation not including the new money, according to two people familiar with the discussions. The new round, led by B Capital, would at least triple the startup’s valuation from earlier this year, when it raised $415 million from investors including Austin’s Capital Factory and venture firm B Capital. Google will invest in the latest round, too, according to those...

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