According to reports, humanoid robot company Figure recently announced its largest funding round to date, with a valuation of $39 billion, marking the growing interest from investors in robots that can work alongside humans in environments such as warehouses and factories.

The company, based in San Jose, California, announced on Tuesday that its Series C funding "exceeded $1 billion," led by Parkway Venture Capital, with participation from well-known institutions such as Brookfield Asset Management, Nvidia, and Intel Capital.

Figure stated that the newly injected funds will be mainly used for several key areas: scaling up the company's humanoid robots, building infrastructure needed to accelerate robot training, and launching advanced data collection efforts. Since its establishment in 2022, the company has raised nearly $2 billion in total funding.

Although Figure's CEO Brett Adcock once claimed that Figure was the "most sought-after" stock in the private market, the company had previously issued cease-and-desist letters to several secondary stock market brokers, pointing out that these brokers had attempted to sell its stock without authorization.