The humanoid bet just hit a $39 billion valuation. figure raised over $1b in a series c led by…
the humanoid bet just hit a $39 billion valuation. figure raised over $1b in a series c led by parkway venture capital, with nvidia and intel capital in the round, per oct 8.
hardware is finally getting software-era valuations.
Context
Figure announced it exceeded 1 billion dollars in committed capital in its Series C at a 39 billion dollar post-money valuation. Parkway Venture Capital's portfolio page says it led the Series C and the earlier Series A, and Arcapita also backed the round.
Reuters and PitchBook both covered the 39 billion dollar valuation.
Date: Figure's announcement, Reuters and PitchBook are all dated September 16, 2025, not October 8, 2026. It is a year-old round presented as current news.
Nvidia and Intel Capital as investors were not in the pages read, so they are unsupported here, not refuted.
'Hardware is finally getting software-era valuations' is the author's opinion.
Related work
- Figure: Series C announcement ↗The company's own post.
- Reuters: Figure valued at 39 billion ↗Independent report.
- Parkway VC: Figure ↗Lead investor's page.
Watch next
- Check for any newer Figure funding round in 2026 before treating this one as current.
Sources
- Figure, Sep 16, 2025figure.ai
- Reuters, Sep 16, 2025reuters.com
- PitchBook, Sep 16, 2025pitchbook.com
- Arcapita, Sep 24, 2025arcapita.com
Provenance
The note above is reproduced unedited from the original post, first published on Threads on 9 October 2026 at 21:50 IST. Sources are the papers and datasets the note draws on.
View the original post ↗Embed this note
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