About Apptronik
Apptronik is a company based in Austin (United States) founded in 2016 by Luis Sentis and Jeffrey Cardenas. It operates as a Product-as-a-Service. Apptronik has raised $767.15 million across 8 funding rounds from investors including Google, Mercedes-Benz and Korea Investment Holdings. Apptronik offers products and services including Apollo. Apptronik operates in a competitive market with competitors including Agility Robotics, Softbank Robotics, Unitree, Figure and Limx Dynamics, among others.
- Headquarter Austin, United States
- Founders Luis Sentis, Jeffrey Cardenas
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$767.15 M (USD)
in 8 rounds
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Latest Funding Round
$331.4 M (USD), Series B
Oct 21, 2025
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Investors
Google
& 15 more
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Employee Count
Employee Count
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Products & Services of Apptronik
Apptronik offers a comprehensive portfolio of products and services, including Apollo. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A general-purpose robot for various industrial tasks.
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Funding Insights of Apptronik
Apptronik has successfully raised a total of $767.15M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $331.4 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series B — $331.4M
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First Round
First Round
(01 Jan 2018)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series B - Apptronik | Valuation |
investors |
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| Mar, 2025 | Amount | Series A - Apptronik | Valuation | B Capital , Capital Factory | |
| Jan, 2025 | Amount | Series A - Apptronik | Valuation | B Capital , Capital Factory |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Apptronik
Apptronik has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Mercedes-Benz and Korea Investment Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm backed by Japan Post Group
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Founded Year | Domain | Location | |
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Helium-3 Ventures is focused on backing innovative technology companies.
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Founded Year | Domain | Location | |
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Magnetar Capital is engaged in alternative asset management.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Apptronik
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Apptronik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Apptronik Comparisons
Competitors of Apptronik
Apptronik operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Agility Robotics, Softbank Robotics, Unitree, Figure and Limx Dynamics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Humanoid social robots are provided for homes and businesses.
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| domain | founded_year | HQ Location |
Manufacturer of quadruped and humanoid robots for consumer, education, and industry
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| domain | founded_year | HQ Location |
Autonomous humanoid robots are developed for commercial deployment.
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| domain | founded_year | HQ Location |
Legged robots are developed and manufactured by Limx Dynamics.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Apptronik
Frequently Asked Questions about Apptronik
When was Apptronik founded?
Apptronik was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Apptronik located?
Apptronik is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Apptronik?
Jeffrey Cardenas is the current CEO of Apptronik. They have also founded this company.
Is Apptronik a funded company?
Apptronik is a funded company, having raised a total of $767.15M across 8 funding rounds to date. The company's 1st funding round was a Series A of $350M, raised on Jan 01, 2018.
What does Apptronik do?
Apptronik is engaged in the design and development of general-purpose humanoid robots, primarily the Apollo model, for use in industries such as logistics, retail, and manufacturing. Solutions offered include trailer unloading, case picking, palletization, and machine tending. The company aims to address labor shortages, reduce workplace injuries, and improve operational efficiency through robotic automation tailored to environments designed for humans.
Who are the top competitors of Apptronik?
Apptronik's top competitors include Agility Robotics, Softbank Robotics and Unitree.
What products or services does Apptronik offer?
Apptronik offers Apollo.
Who are Apptronik's investors?
Apptronik has 16 investors. Key investors include Google, Mercedes-Benz, Korea Investment Holdings, Terex Corporation, and ARK Investment Management.
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