ARK Invest has participated in a $403 million Series A funding round for Apptronik, a Texas-based company focused on humanoid robotics. This funding round, which is led by B Capital and Capital Factory, includes participation from major investors like Mercedes-Benz, Google, and Japan Post Capital. Originally, the round raised $350 million, and an additional $53 million was secured in March. The successful raise showcases investor confidence in the transformative potential of embodied artificial intelligence, which integrates AI into physical systems. Founded in 2016 from a robotics lab at the University of Texas, Apptronik has developed multiple robotic systems and aims to revolutionize industries with its AI-powered humanoid robots, including the recently unveiled Apollo. ARK Invest's commitment enhances its portfolio, which already includes significant investments in various AI platforms like OpenAI, and shows its dedication to fostering innovation in the technology sector.

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