Magnetar Capital is a private equity firm based in Evanston, USA. The firm manages $17.0B in assets. Its humanoid robotics portfolio includes Apptronik. Focus areas include Alternative Credit and Fixed Income, Quantitative Investing, Ventures (early- to growth-stage companies).
Round size: $403M
Magnetar Capital is a private equity firm based in Evanston, USA. The firm manages $17.0B in assets. Its humanoid robotics portfolio includes Apptronik. Focus areas include Alternative Credit and Fixed Income, Quantitative Investing, Ventures (early- to growth-stage companies).
TerraFirma, an Austin-based construction robotics startup founded by former SpaceX engineers in 2024, has raised $115 million in Series A funding led by Kleiner Perkins to expand its engineering, manufacturing, and operations teams while continuing development of its semi-autonomous heavy equipment fleet. The company's full-stack platform combines AI-enabled pre-construction software, remote command-and-control capabilities, and retrofitted construction machinery that allows single operators to manage multiple machines simultaneously, increasing operator effectiveness by up to 300%.
Jabil's VP Robert Gutridge reveals that the humanoid robotics industry's biggest challenge is no longer AI capabilities but industrialization and scaling. The company is actively working with Apptronik to move the Apollo humanoid robot from prototype to volume production, applying manufacturing expertise to address supply chain maturity, design for manufacturability, and repeatable quality processes. The interview emphasizes that success will be determined by who can industrialize, not just who builds impressive demos.
DeepMind launches its most advanced embodied reasoning model to date, featuring a specialized "agentic vision" system for industrial inspections and enhanced multi-view success detection.