Doha, February 11 (QNA) - QIA announced on Wednesday that it has joined Apptronik's $520 million Series A-X extension round as a new investor, alongside AT&T Ventures and John Deere. The extension follows Apptronik's $415 million oversubscribed initial Series A raised in 2025, bringing total capital raised to nearly $1 billion. Existing investors participating in the round include B Capital, Google, Mercedes-Benz, and PEAK6.

With the new capital, Apptronik will accelerate production of its award-winning humanoid robot, Apollo, and expand its global network of commercial deployments and pilot programs.

The investment will enable Apptronik to shorten the time to market and scale initiatives critical to supporting its growing base of retail, manufacturing, and logistics customers.

This includes state-of-the-art facilities for robot training and data collection, as well as advanced projects designed to unlock high-impact, real-world use cases.

The funding will also support continued innovation in Apptronik's human-centered robot design, paving the way for its highly anticipated new robot slated to debut in 2026.

Apollo is designed to revolutionize human-robot interaction, initially across mission-critical industries such as logistics and manufacturing, with future planned expansion into retail, healthcare, and eventually, the home.

The robot is built to perform physically demanding and labor-intensive tasks – from transporting components to sorting and kitting – working alongside humans to improve efficiency and operational resilience.

QIA's investment underscores its strategy of partnering with leading technology innovators to support the growth of transformative companies while gaining exposure to scalable, real-world applications with long-term value creation potential. (QNA)