TL;DRLondon’s Humanoid raised $152M led by Prime Movers Lab at a billion-dollar-plus valuation, with Bosch signed on to build its wheeled robots at scale.
London-based robotics startup Humanoid has raised $152 million in a Series A round led by Prime Movers Lab, the venture firm behind Figure AI’s $39 billion valuation, pushing Humanoid’s own valuation above $1 billion. Bosch, Schaeffler, Aglaé Ventures, the investment arm of LVMH chairman Bernard Arnault, and Taiwan’s Fubon Financial also participated. The round brings total funding to $270 million for a company that is barely two years old and has not yet shipped a commercial unit.
The most consequential detail may not be the cheque but the manufacturing deal attached to it. Robert Bosch Robotics, a subsidiary of the German industrial group, will act as Humanoid’s contract manufacturer, providing hardware design, production capacity, and supply chain expertise. That arrangement gives a startup with roughly 200 engineers access to one of the largest manufacturing networks in Europe, a kind of partnership that typically takes years of commercial traction to secure.
Humanoid was founded in London in May 2024 by Artem Sokolov, who sold his family’s manufacturing and retail business, which Forbes described as a jewellery empire he had scaled to $1 billion in revenue, and reportedly invested $30 million of his own capital at launch. The company builds both wheeled and bipedal humanoid robots on its HMND 01 platform, which runs a proprietary AI system called KinetIQ. Its wheeled model completed an eight-hour autonomous shift at a Siemens factory in Erlangen earlier this year, handling 60 tote moves per hour with a pick-and-place success rate above 90 percent.
