Cryptocurrency-friendly investment firm ARK Invest has joined a massive Series A funding round for Apptronik, a Texas-based firm building humanoid robots.
Apptronik, on March 18, announced the successful close of an oversubscribed $403M Series A funding round, adding another $53 million to the $350 million round disclosed in February.
After investing in Apptronik’s Series A round, ARK has enabled investors to access the company through its ARK Venture Fund (ARKVX), which focuses on “disruptive innovation.”
Source: ARK Funds
“After investing in their Series A round, the ARK Venture Fund is proud to offer investors access to Apptronik! Download SoFi and gain access today,” ARK wrote in an X post on Tuesday.
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Led by California-based B Capital and Texas-based Capital Factory, the original $350 million Series A raise also featured participation from tech mogul