Humanoid robotics startup Figure has closed a massive Series C of over $1 billion, pushing its valuation to a staggering $39 billion. The round, which includes investors like Parkway Venture Capital and NVIDIA, is set to accelerate the company’s path to market by scaling manufacturing for commercial deployment.
The deal represents a monumental leap from its $2B valuation just over a year ago, signaling a market shift from long-term R&D to serious commercialization. This raises a critical question for the ecosystem: how will other players keep pace in this increasingly capital-intensive race for embodied AI?
In Today’s Startup News Recap:
Figure closes a $1B+ round at a $39B valuation
CodeRabbit raises $60M for AI code review tools
WorkFusion secures $45M for financial compliance AI
MarqVision lands $48M to combat online counterfeits
Figure Hits $39B Valuation with $1B+ AI Robotics Round
Humanoid robotics startup Figure has closed a massive Series C of over $1 billion, pushing its valuation to a staggering $39 billion. The round was led by Parkway Venture Capital and includes a syndicate of strategic corporate VCs like NVIDIA, Intel Capital, and Salesforce.
What’s the Deal?
The capital injection is earmarked for scaling manufacturing and building out the company's AI platform, preparing its general-purpose humanoids for deployment in commercial and home settings. The funding will accelerate the company's path to market and large-scale data collection efforts, according to its official announcement.
The round includes a powerhouse syndicate of strategic investors like NVIDIA, Intel Capital, and Salesforce Ventures, signaling strong corporate validation and creating pathways for future go-to-market partnerships in enterprise and industrial sectors.
This funding cements Figure's market leadership in the capital-intensive humanoid robotics race, marking a significant valuation leap from its $2B valuation in a previous round just over a year ago.
Why care?
Figure’s monumental raise represents a major inflection point for the embodied AI market, validating investor appetite for capital-intensive hardware ventures. The deal elevates the entire humanoid robotics category, suggesting the market is shifting from long-term R&D toward serious commercialization and deployment.
CodeRabbit raises $60M for AI code review tools
AI-powered code review platform CodeRabbit has secured a $60 million Series B at a $550 million valuation. The round, led by Scale Venture Partners, will fuel its growth in the emerging market for tools that manage and improve the output of AI code generators.
What’s the Deal?
The two-year-old startup is demonstrating significant product-market fit, reporting over $15 million in annual recurring revenue and serving over 8,000 businesses by addressing the code review bottleneck created by generative AI.
The funding round includes a strategic investment from NVentures (Nvidia's venture arm), signaling strong technical validation and alignment with a key player in the AI hardware and software ecosystem.
CodeRabbit is positioning itself as a specialized tool in a well-funded market that includes rivals like Graphite, betting that development teams will prioritize a best-in-class solution over bundled code review features.
Why care?
CodeRabbit's rapid growth validates the thesis that first-wave generative AI tools are creating a massive market for second-order "cleanup" and management solutions. This creates a new, well-defined investment category focused on AI quality assurance and workflow integration, representing a lucrative opportunity beyond foundational model development.
WorkFusion Lands $45M for AI Agents in Financial Compliance
WorkFusion secured $45 million in a funding round led by Georgian to expand its AI agent platform for financial crime compliance. The new capital, which brings the company's total equity funding to approximately $251 million, will accelerate product development and go-to-market efforts with major banking institutions.
What’s the Deal?
The company has significant market penetration, with its platform already deployed at half of the world's top 20 banks and processing over one million compliance alerts daily, demonstrating clear product-market fit and ROI in the financial sector. Read the full story.
WorkFusion's 2022 pivot to focus exclusively on pre-built AI agents for compliance roles validates the market's shift toward specialized, 'agentic' AI that can autonomously execute complex tasks with minimal human intervention.
The round was led by existing AI-focused investor Georgian, signaling strong insider confidence in the company's strategy and its ability to capture the growing demand for automated compliance solutions in a tightening regulatory environment.
Why care?
This funding round highlights the significant commercial appetite for vertical AI platforms that automate specific, high-cost enterprise job functions. WorkFusion's traction offers a clear model for generating substantial ROI in heavily regulated industries, providing a compelling investment thesis for B2B AI startups targeting sectors with high operational and compliance burdens.
MarqVision Secures $48M to Fight Online Counterfeits with AI
AI-powered brand protection platform MarqVision has closed a $48 million Series B round led by Peak XV Partners, with strategic participation from Salesforce Ventures, to combat online counterfeits and digital piracy.
What’s the Deal?
The investment marks a significant U.S. move for Peak XV Partners following its rebrand from Sequoia, signaling strong VC conviction in vertical AI applications that address high-stakes enterprise problems like intellectual property theft.
The new capital is earmarked for global expansion and enhancing its managed-service platform, which uses AI to automatically detect and remove counterfeit goods and pirated content from e-commerce and social media sites.
Participation from strategic investors like Salesforce Ventures and YC partner emeritus Michael Seibel validates MarqVision's market position and highlights growing corporate interest in automated brand protection solutions.
Why care?
This deal validates the investment thesis around vertical AI solutions that provide clear ROI by tackling expensive, persistent enterprise challenges. For the startup ecosystem, it underscores the market opportunity for specialized AI tools that safeguard intellectual property and brand reputation across global digital channels.
The Shortlist
Field AI announces $405 million raised across two recent rounds to advance its AI systems for operating autonomous robots. The developer of embodied AI for the field, backed by lead investors including Bezos Expeditions, will use the capital to scale its platform.
Vega secures $65 million in early-stage funding at a valuation of approximately $400 million to build its security analytics platform. The round for the Israeli cybersecurity startup was led by Accel and will be used to expand R&D and U.S. operations.
Graphite raises a $52 million Series B led by Accel for its AI-powered code review platform. As a key rival to CodeRabbit, the funding highlights the growing investor interest in tools that manage and improve AI-generated code.