London Robotics Startup Humanoid Raises $152M Series A, with Bosch to Manufacture Its Wheeled Robots at Scale
London-based robotics startup Humanoid has raised $152 million in a Series A round led by Prime Movers Lab, the venture firm behind Figure AI’s $39 billion valuation, pushing Humanoid’s own valuation above $1 billion. Bosch, Schaeffler, Aglaé Ventures, the investment arm of LVMH chairman Bernard Arnault, and Taiwan’s Fubon Financial also participated.
The round brings total funding to $270 million for a company that is barely two years old and has not yet shipped a commercial unit.
The most significant detail may not be the substantial cheque but the manufacturing deal attached to it. Robert Bosch Robotics, a subsidiary of the German industrial group, will act as Humanoid’s contract manufacturer, providing hardware design, production capacity, and supply chain expertise. This partnership grants a startup with roughly 200 engineers access to one of the largest manufacturing networks in Europe, a significant step for a company typically needing years of commercial traction to secure such an arrangement.
Humanoid was founded by Artem Sokolov, who sold his family’s manufacturing and retail business, once described as a jewellery empire scaling to $1 billion in revenue, and reportedly invested $30 million of his own capital at launch. The company builds both wheeled and bipedal humanoid robots on its HMND 01 platform, running a proprietary AI system called KinetIQ. Its wheeled model completed an eight-hour autonomous shift at a Siemens factory in Erlangen earlier this year, handling 60 tote moves per hour with a pick-and-place success rate above 90 percent.
The company claims 34,000 robot pre-orders worth nearly $2.5 billion, although these figures have not been independently verified and are substantial compared to the revenue of other humanoid robotics companies currently shipping hardware. Humanoid plans to release a beta version in Q4 2026.
While Humanoid claims to be Europe’s first pure-play humanoid robotics unicorn, Germany’s Neura Robotics secured over $1 billion in June 2026, and Barcelona’s THEKER raised $85 million the same month with LVMH backing. Globally, Humanoid remains behind figures like Figure AI and Austin-based Apptronik, which raised $520 million in February at a valuation near $5 billion.
Goldman Sachs projects the global humanoid robot market to grow significantly in the coming years.