Humanoid robotics company Figure raised its largest round of funding yet, a sign of growing investor interest in robots designed to work alongside humans in warehouses, factories, and other settings.

San Jose, California-based Figure announced on Tuesday that it raised a Series C funding round that values the company at $39 billion. The round, which “exceeded $1 billion,” said Figure, was led by Parkway Venture Capital with participation from Brookfield Asset Management, Nvidia, and Intel Capital, among others.

Figure said the funding will be used to scale the company’s fleet of humanoid robots, build the necessary infrastructure to accelerate robot training, and launch advanced data collection efforts.

The company has raised nearly $2 billion in funding since its 2022 founding.

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