IPO Watch
IPO Watch
Figure AI
$39B 2027–2028 No S-1 AI & Robotics
Commercially deploying humanoid robots to solve labor shortages.

Founded by serial entrepreneur Brett Adcock, Figure AI represents the convergence of generative AI and physical robotics. Its humanoids walk, manipulate tools, and learn tasks autonomously through OpenAI-derived vision-language models.

With automotive giants like BMW signing commercial deployment contracts and Nvidia supplying robotics compute, Figure reached a $39 billion valuation. The commercial market for labor automation makes Figure a category-defining hardware asset.

Catalysts
Commercial pilot agreements with BMW and major logistics networks. Strategic hardware and model partnerships with Nvidia and OpenAI.
Risks
Capital expenditure for physical hardware manufacturing. Regulatory and safety standards for human-robot interaction in factories.
FreeMalta Verdict
Leader in Embodied AI. Public market timeline set for 2027/2028.
What is Figure AI's valuation?
Figure AI holds a private valuation of $39 billion following major strategic investments.
What does Figure AI do?
Figure builds autonomous humanoid robots designed to perform manual labor tasks in manufacturing and logistics.
Disclaimer: This page is editorial analysis, not financial advice. Valuations are from private market transactions, secondary sales, and media reports — not public market pricing. IPO timelines are speculative. FreeMalta is an OpenAI Select Partner but has no financial relationship with any company listed on this page. Do your own research before making any investment decision.