Octopus Power Funding, Investors & Competitors

Figure is a robotics company developing general-purpose humanoid robots for industrial applications in manufacturing, logistics, warehousing, and retail. Sunnyvale-based and founded in 2022, it deploys the Figure 01 model equipped with AI-driven vision, manipulation, and mobility capabilities powered by OpenAI's large language models for natural interaction and task learning. The robots handle repetitive and hazardous tasks autonomously, integrating with existing warehouse management systems from partners like BMW for automotive production lines. Figure operates pilot programs in BMW's South Carolina facility to validate scalability across labor-intensive sectors.

Shield AI is a San Diego-headquartered defense technology company that develops autonomous systems including V-BAT vertical takeoff aircraft, X-BAT unmanned systems, Hivemind Enterprise autonomy software, and Hivemind Vision sensors. Founded in 2015, Shield AI maintains nine offices across the U.S., Europe, the Middle East, and Asia-Pacific, supporting military operations with AI-driven drones and swarm intelligence.

Skild AI is a San Francisco-headquartered startup building foundation models for robotics that enable spatial intelligence and adaptive manipulation in unstructured environments. The company trains multimodal AI on real-world data from humanoid robots to handle tasks like grasping and navigation without task-specific programming. Skild AI raised funding from investors including Benchmark and focuses on warehouse automation and manufacturing applications.

FieldAI is a robotics software company based in Irvine, California, founded in 2023 by Ali Agha, a former NASA robotics technologist. It develops a general-purpose autonomy layer, described as a robot brain, that lets mobile robots operate safely in unstructured and unmapped environments without depending on GPS. The software is built on risk-aware foundation models and runs on different hardware, including humanoids, quadrupeds, drones and heavy equipment such as excavators and haul trucks. Customers include construction firms, energy and data centre operators and defence organisations in the United States, Europe, the Middle East and Asia.

Saronic is an Austin-headquartered developer of autonomous surface vessels for maritime defense and surveillance. The company integrates hardware, software, and AI into scalable platforms like the Spyglass and Corsair models for naval operations. Saronic's vessels support intelligence gathering, patrol, and swarm tactics for U.S. Navy and allied forces. Founded in 2022, it collaborates with defense contractors on programs enhancing domain awareness in contested waters.

Neuralink is a neurotechnology company founded in 2016 by Elon Musk and a group of scientists and engineers, focused on developing implantable brain–computer interface (BCI) devices. Its primary product, the N1 chip, is surgically implanted into the skull by a precision robotic system called R1, enabling direct communication between the human brain and external computers or devices. The company's stated mission is to address neurological conditions such as paralysis, blindness, and severe motor impairments, allowing patients to control digital devices using thought alone. In January 2024, Neuralink implanted its first BCI device in a human patient, with the individual subsequently demonstrating the ability to control a computer cursor through neural signals. Headquartered in Fremont, California, the company operates at the intersection of neuroscience, robotics, and semiconductor engineering, and has attracted significant attention for its long-term ambitions around human-AI symbiosis.

Quantum Systems (Quantum-Systems GmbH) is a German developer and manufacturer of autonomous unmanned systems headquartered in Gilching near Munich. Its aircraft include the Trinity electric vertical take-off mapping drone, the Vector and Twister reconnaissance drones and the long-range Reliant, increasingly linked with ground, maritime and counter-drone systems through its MOSAIC UXS mission software. It sells hardware, software and services to armed forces and government agencies, including the Bundeswehr and the militaries of Ukraine, Australia, Romania and Spain, and to commercial customers in surveying, mining, agriculture and infrastructure. The company generated revenue of EUR 300 million in 2025 and says it is profitable; in 2024 it had about 350 employees and more than 450 customers, and by late 2025 it employed up to 1,000 people across Germany, Ukraine, the US, Australia, Romania, the UK and the Baltics. In 2025 it acquired AirRobot, Nordic Unmanned and Spleenlab. It remains privately held and venture-backed, and in July 2026 it signed a USD 1.2 billion Series D co-led by Blackstone, Noteus, Airbus and Advent at a post-money valuation of about USD 8 billion. Quantum Systems was founded in January 2015 by former Bundeswehr helicopter pilot Florian Seibel with Armin Busse, Tobias Kloss and Michael Kriegel.

NEURA Robotics is a German robotics company headquartered in Metzingen, Baden-Württemberg, that builds cognitive robots designed to work alongside people. It was founded in March 2019 as Han's Robot Germany GmbH by David Reger and rebranded as NEURA Robotics in November 2020, when it introduced the LARA collaborative robot; its range now includes the MAiRA cognitive robot, the MAV mobile robot and the MiPA service robot, and it is developing the 4NE1 humanoid. Its Neuraverse platform is meant to let different robots share learned skills. Customers are industrial manufacturers, and Kawasaki Robotics sells a cobot series based on NEURA's platform; revenue comes from robot sales and software. The company reported a EUR 1 billion order book in January 2025 and had more than 1,100 employees by late October 2025. Backers include Lingotto, Vsquared Ventures, HV Capital, Tether, Amazon, NVIDIA, Qualcomm and Bosch, and in June 2026 it announced a Series C of up to $1.4 billion.

Automation Anywhere is a software company based in San Jose, California. It was founded in 2003 by Mihir Shukla, Neeti Mehta Shukla, Ankur Kothari and Rushabh Parmani. The company develops robotic process automation and, more recently, agentic process automation software that lets enterprises build software bots and AI agents to run business processes such as finance, customer service and IT operations. Its cloud-native platform combines process discovery, document processing, conversational and generative AI with orchestration of bots and human workers. It sells subscriptions to large enterprises, governments and their partners worldwide and has grown partly through acquisitions of smaller AI and automation software companies. It is venture-backed and privately held.

XPENG Robotics is the robotics business of the Chinese electric vehicle maker XPENG, developing humanoid robots and other embodied AI products. Its products include the IRON humanoid robot and consumer robots such as a quadruped robotic pony, built on the parent's work in autonomous driving, chips and manufacturing. The unit runs its own hardware and software development, covering actuators, dexterous hands, control systems and AI models, and plans commercial deployment first within XPENG's own stores and campuses. The business is also known by the names Dogotix and Pengxing. It is financed by outside investors alongside XPENG, which keeps control of the unit and uses it as a pillar of its strategy in physical AI. Customers are expected to be companies and households.

Nuro is a Mountain View autonomous driving company that develops the Nuro Driver, an AI-first self-driving system licensed to automakers, ride-hailing platforms and commercial fleets. It was founded in 2016 by Dave Ferguson and Jiajun Zhu, two former engineers of Google's self-driving car project. The company first built purpose-designed, zero-occupant electric delivery vehicles and ran grocery and food delivery pilots with Kroger, Domino's, Walmart and CVS, including the first federal exemption for a driverless vehicle with no occupant. In 2024 it stopped operating its own delivery fleet and moved to a licensing model, and in 2025 it agreed a partnership with Uber and Lucid Motors to deploy more than 20,000 Lucid Gravity vehicles running Nuro's software as robotaxis. Nuro has raised more than 2.3 billion dollars from investors including SoftBank, T. Rowe Price, Fidelity, Tiger Global, Greylock, Baillie Gifford, Uber and NVIDIA, and was valued at 6 billion dollars in its 2025 Series E round, down from 8.6 billion dollars in 2021.

Physical Intelligence is a robotics firm developing foundation models and algorithms for general-purpose AI in physical tasks. Its technology enables robots to handle diverse applications across industries through simulation-to-reality transfer and dexterous manipulation.

Apptronik is an Austin-based developer of humanoid robots including the Apollo model for logistics, manufacturing, and service applications. The company builds general-purpose robots capable of handling repetitive tasks in warehouses and hazardous environments to boost human productivity. Apptronik collaborates with NASA and delivers systems through its manufacturing services division, focusing on bipedal mobility, dexterity, and AI-driven autonomy.

Didi Woya is a Beijing-headquartered autonomous driving unit of Didi Chuxing focused on robotaxi development. The division deploys self-driving vehicles equipped with 360-degree sensors, machine learning, and IoT for ridesharing tests in China. Didi Woya advances commercialization of Level 4 autonomy for efficient urban transport.

UBtech Robotics is a Chinese robotics company headquartered in Shenzhen, Guangdong, that designs, manufactures and sells humanoid and service robots. Its main line is now the Walker S series of full-size industrial humanoid robots, launched in October 2024 for manufacturing and logistics; the Walker S2, with 52 degrees of freedom, 15 kg payload handling and autonomous battery swapping for 24-hour operation, entered mass production in 2025. It also makes the Alpha series of small humanoid robots, has supplied robots to 300 pre-schools in Seoul, launched a UV disinfection robot in the United States in 2022, and in February 2026 open-sourced its vision-language model Thinker. In 2025 revenue rose 53.3% to RMB 2.001 billion; full-size humanoid revenue grew 2,204% to RMB 821 million on sales of 1,079 units, and the net loss narrowed to RMB 790 million, with annualized Walker S2 capacity above 6,000 units. Zhou Jian, its chief executive, founded the company in March 2012. After a Series C round involving Tencent and ICBC valued it at $5 billion, UBtech listed on the Hong Kong Stock Exchange under code 9880 in December 2023, raising HK$1 billion. It had 2,013 employees in 2023.

Infleqtion is a quantum technology company that builds neutral atom quantum computers, optical atomic clocks, radio-frequency sensors and inertial sensors, together with the Superstaq quantum software platform. It began in Boulder in 2007 as ColdQuanta, founded by University of Colorado physicist Dana Anderson, and adopted the Infleqtion name in November 2022 as it moved from research hardware toward finished commercial products. The company is headquartered in Louisville, Colorado, with offices in Boulder, Chicago, Madison, Melbourne and Oxford. It raised a US$110 million Series B in 2022 and a US$100 million Series C in June 2025 backed by Counterpoint Global, Glynn Capital, S32, SAIC, In-Q-Tel, Breakthrough Victoria and others, with J.P. Morgan as sole placement agent. Its technology is deployed by NASA on the International Space Station, and it reported almost US$30 million of revenue for 2024 with a customer pipeline above US$200 million. Infleqtion trades on the New York Stock Exchange under the ticker INFQ.

Shandong Extreme Vision Technology Co Ltd is an AI computer vision solution provider in China, delivering end-to-end solution development, deployment and management services to enterprises across diverse industries. It specializes in delivering AI computer vision solutions and large model solutions to enterprises: AI Computer Vision Solutions, Large Model Solutions. Computer vision solution, as a vital branch of AI solution, is a technological solution that simulates the human visual system to enable computers to extract information from images or videos and analyze, make decisions and interact based on this information.

Shenzhen Ldrobot Co Ltd, and its subsidiaries, are engaged in the design, development and manufacture of intelligent robots. It is focused on developing visual perception technologies for robots, including LiDAR-based products. The company's products are integrated into a wide range of complete robots such as robotic vacuum cleaners, lawn mowers, service robots, inspection robots, and logistics robots. It derives the majority of revenue from the sales of visual perception products, which include sensors and algorithm modules. Geographical;y, the company generates the maximum revenue from the Chinese Mainland.