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Figure reaches $39B valuation in latest funding round
Figure raised more than $1 billion in a Series C round led by Parkway Venture Capital in addition to numerous other investors.
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. But the company has also been sending cease-and-desist letters to multiple secondary stock market brokers, telling TechCrunch in April that it sends such letters when a broker isn’t authorized to sell its shares.
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