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AI robotics company Figure said on Tuesday it had received over $1 billion in committed capital in its latest funding round that valued the firm at $39 billion post money. The Series C round was led by Parkway Venture Capital, and also saw participation from industry majors such as Nvidia, Intel Capital, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures. U.S. startup funding is set to hit its second-highest total on record, up 75.6% in the first half of 2025, driven by the ongoing AI surge, according to a report by Pitchbook.
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