Apptronik closes $520M Series A extension at a $5B valuation, taking the Series A past $935M

Apptronik

Apptronik raised a $520M Series A extension at a 3x multiple of the initial Series A valuation from investors including B Capital, Google, Mercedes-Benz, AT&T Ventures, John Deere and Qatar Investment Authority. The Series A now exceeds $935M total (including the $415M first close in 2025); proceeds fund Apollo production ramp and deployments.

• Series A extension: $520M at 3x the initial Series A valuation (specific valuation not disclosed).
• Total Series A: >$935M ($415M first close 2025 + $520M extension); capital funds production and deployments.
• Investors: B Capital, Google, Mercedes-Benz (repeat); AT&T Ventures, John Deere, Qatar Investment Authority (new).
• Capital supports increased Apollo production, commercial deployments, and development of a new robot model launching 2026.