How to Buy Apptronik Stock in 2025

Published Feb 13, 2025

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Tesla isn't the only company building humanoid robots.

Apptronik, the Texas-based robotics company, just announced a $350 million Series A, which valued the company at $1.5 billion. The round was co-led by B Capital and Capital Factory and included backing from Alphabet.

The company had previously raised a relatively modest $28 million since being founded in 2016. This new round shows investors believe it will be a serious contender in the humanoid robotics race.

Can you invest in Apptronik?

Apptronik is still a private company, which means it's not available for retail investment.

However, its shares do trade on Hiive, an investment platform where accredited investors can buy shares of pre-IPO companies.

There are 5 live orders of its stock at the time of writing:

Each of these listings was created by a unique seller who may be an employee, angel investor, or venture capital firm. Each seller sets their own asking prices and quantity of shares available.

Once a listing is active, buyers can accept a seller's asking price as listed or place bids. They can also add companies to their watchlist and get notified of any new listings or transactions.

Create an account with the button below and see the complete order book (all bids, asks, and recent transactions) for Apptronik:

Can retail investors buy Apptronik stock?

No, since Apptronik is a private company and Hiive is only for accredited investors, retail investors cannot buy its stock.

Accreditation requirements

To qualify as an accredited investor, you must meet one of the following criteria:

Have an annual income of $200,000 individually or $300,000 jointly.

Have a net worth that exceeds $1,000,000, excluding your main residence.

Be a qualifying financial professional.

Technically, retail investors could get indirect exposure to Apptronik by buying Alphabet (GOOGL) stock, Google's parent company.

Google participated in the company's Series A, investing an undisclosed sum. It's also a key partner of Apptronik's, developing the AI models that the robots will eventually run on via its DeepMind division.

Although Google will benefit if Apptronik is successful, the partnership will have to be incredibly fruitful for it to have any impact on Google's $2.3 trillion market capitalization.

You could get more direct exposure to the robotics industry by investing in one of Apptronik's publicly traded competitors. If you're bullish on the industry, here are a few other companies you may be interested in:

Tesla (TSLA) is best known as a car company, but it's also considered the leader in humanoid robotics development. In June 2024, Elon Musk claimed they would start limited production of their robot Optimus in 2025, and that over 1,000 would be in Tesla facilities by the end of 2026.
ABB (ABB) is a leader in industrial automation and robotics, providing solutions for manufacturing, robotics, and energy-efficient systems. They offer a range of fixed-point robots, including the IRB series, focusing on automation in factories and other industrial environments.

You may prefer to gain general exposure to the industry by investing in a robotics ETF such as BOTZ, AIQ, or ARKQ.

Unfortunately, other than Tesla, all of the leaders in humanoid robotics are private companies, making it difficult for retail investors to gain exposure to the industry.

But if you're only interested in investing in Apptronik, you'll have to wait for the company's IPO.

More about Apptronik

What it does

Apptronik is a robotics company developing AI-powered humanoid (human-like) robots that are designed to work alongside humans in industrial capacities.

Their flagship robot, Apollo, is intended for supply-chain tasks such as moving packages in warehouses.

The company says it plans to expand the development of Apollo this year and aims to broaden the robot's capabilities for uses in other sectors, like elder and healthcare.

Partnerships

Apptronik has partnerships with NASA, NVIDIA (NVDA), and Alphabet (GOOGL).

NASA has been working on its own humanoid robot, called Valkyrie, since 2012. Once completed, the robots will be used for space exploration and other missions.

In parallel with its own robotics development, NASA selected Apptronik to launch a new generation of general-purpose robots and has invested an undisclosed sum in the company.

In March 2024, Apptronik announced a new collaboration with NVIDIA (known as Project GR00T) to integrate its Apollo robot with NVIDIA's general-purpose foundation model for robot learning.

If successful, the project will enable developers to use text, video, and human demonstrations as task prompts and generate actions as output on the robot hardware.

The company is also working with Google's DeepMind division to develop the AI that drives its robotics technology.

Who founded Apptronik?

Apptronik is a spinout from the Human-Centered Robotics Lab at the University of Texas at Austin.

In 2013, a team from the lab competed in the NASA-DARPA Robotics Challenge, which focused on furthering NASA's work on its Valkyrie robot. One of those members was Dr. Nick Paine.

Dr. Paine and his team helped develop high-performance hardware and software for compliant control of the Valkyrie humanoid robot's legs and arms.

Dr. Paine connected with Jeff Cardenas (a serial entrepreneur with a background in technology) through their associations with UT Austin, from which Cardenas had also graduated.

The pair officially co-founded Apptronik in 2016, with Cardenas and Dr. Paine serving as CEO and CTO, respectively.

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