ARK Invest joins $403M raise for AI robotics firm Apptronik

ARK Invest participated in Apptronik’s $403 million Series A round, joining Mercedes-Benz, Google, and Japan Post Capital to fund humanoid robotics innovation.

Cryptocurrency-friendly investment firm ARK Invest has joined a massive Series A funding round for Apptronik, a Texas-based firm building humanoid robots.

Apptronik, on March 18, announced the successful close of an oversubscribed $403M Series A funding round, adding another $53 million to the $350 million round disclosed in February.

After investing in Apptronik’s Series A round, ARK has enabled investors to access the company through its ARK Venture Fund (ARKVX), which focuses on “disruptive innovation.”

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