$152m · Series A · Robotics · London, UK
Image: Humanoid, via the company funding announcement.
London-based Humanoid, which builds wheeled and bipedal robots for industrial work, has raised $152m in Series A financing at a $1.35bn post-money valuation. Prime Movers Lab led the round, with Schaeffler, Bosch, Fubon Financial Holding Venture Capital and Aglaé Ventures participating. The company says the capital will fund its next robot platform, KinetIQ software, customer deployments and the start of mass manufacturing for wheeled robots. The financing takes total capital raised to $270m.
From robot prototype to repeatable factory service
Humanoid is trying to sell more than a machine. Its KinetIQ stack coordinates perception, planning and physical tasks, while the company is pairing that software with deployment and support around its HMND 01 platform. Humanoid says beta robots are due to begin rolling out at customer facilities in Q4 2026 across manufacturing, logistics, retail and other industrial settings. That timetable remains a plan, not evidence that production-scale deployments are already running.
Two industrial partnerships show how the company intends to bridge that gap. Bosch completed a proof of concept in which HMND 01 moved different box formats from conveyors to a trolley, then agreed to act as contract manufacturer and advise on design, production, supply chain and cost. Schaeffler signed a binding phased deployment and supply agreement targeting a four-digit number of wheeled units by 2032, with initial work in two German factories from December 2026. Schaeffler is also the preferred actuator supplier for more than half of Humanoid's wheeled-platform demand through 2031.
The Schaeffler contract uses a Robot-as-a-Service model that bundles the robot with fleet software, maintenance, updates, technical support and performance management. That structure can lower the customer's need to own specialist robotics capability, but it leaves Humanoid responsible for uptime, integration and service over the life of each deployment. Repeatable economics therefore depend on more than manufacturing volume: the same hardware and operating layer must work across sites without each installation becoming a bespoke engineering project.
Manufacturing capacity meets deployment evidence
The round gives Humanoid capital to develop its next platform while Bosch contributes an industrialisation path and Schaeffler supplies both a customer environment and components. This combination is strategically useful because factory buyers will judge the system on safety, reliability, integration cost and sustained task performance, not demonstrations alone. The next meaningful evidence will be whether the planned late-2026 deployments progress from controlled trials into stable production work and whether Humanoid can support a growing fleet without service costs rising at the same pace.
