Bahrain-based investment firm Arcapita Group has taken a leading role in a $1 billion Series C fundraising round for Figure AI, a California-based startup specializing in autonomous humanoid robots. The landmark investment values the AI robotics company at $39 billion and signals a significant push by MENA investors into the frontier of global technology.
A High-Profile Investment in AI Robotics
Arcapita co-led the financing round alongside US-based Parkway Venture Capital. The round attracted a roster of prominent technology investors, including Nvidia, Salesforce, Intel Capital, Macquarie Capital, and Toronto-based Brookfield Asset Management. This places the Bahraini firm at the forefront of one of the most significant recent investments in the rapidly advancing field of AI and robotics.
Strategic Vision for Humanoid Technology
Figure AI develops advanced humanoid robots designed to perform a variety of tasks in commercial and industrial settings, addressing challenges in logistics, manufacturing, and warehousing. The investment’s strategic applications are already taking shape, with fellow investor Brookfield announcing plans to integrate the robots within its extensive real estate portfolio, providing real-world test environments for pilot projects.
Arcapita’s Diversified Tech Portfolio
This investment in Figure AI highlights Arcapita’s strategy of backing high-growth technology companies. The firm’s portfolio, alongside partners like Parkway, includes stakes in other deep-tech ventures such as xAI and quantum computing firm SandboxAQ. This latest move complements Arcapita’s broader investment activities, which include recent majority acquisitions in US-based companies and plans for a $1 billion real estate investment trust in the Middle East.
About Arcapita Group
Arcapita Group is a global investment firm headquartered in Bahrain with a focus on private equity and real estate investments across the US, Europe, the Middle East, and Asia. The firm targets sectors with strong growth potential, including technology, logistics, and business services.
About Figure AI
Figure AI is a California-based AI robotics company developing autonomous humanoid robots. Its mission is to deploy robots capable of performing a wide range of tasks in commercial and industrial environments to address labor shortages, improve productivity, and enhance safety.
Source: AGBI
