London-based robotics startup Humanoid has secured $152 million in its Series A funding round, with Bosch poised to produce its wheeled robots on a large scale.

      **TL;DR** London’s Humanoid has secured $152 million in funding, led by Prime Movers Lab, boosting its valuation to over $1 billion, with Bosch on board to manufacture its wheeled robots at scale.

      Humanoid, a robotics startup based in London, has raised $152 million in a Series A funding round led by Prime Movers Lab, which played a key role in Figure AI achieving a valuation of $39 billion. This funding elevates Humanoid’s valuation to beyond $1 billion. The round also saw participation from Bosch, Schaeffler, Aglaé Ventures (an investment arm of LVMH chairman Bernard Arnault), and Taiwan’s Fubon Financial, bringing the company’s total funding to $270 million in just under two years, despite not yet having shipped a commercial product.

      A significant aspect of this funding is the manufacturing partnership formed with Robert Bosch Robotics, part of the German industrial conglomerate, which will be Humanoid's contract manufacturer, offering hardware design, production capabilities, and supply chain knowledge. This collaboration provides Humanoid, which employs approximately 200 engineers, access to one of Europe's largest manufacturing networks—a partnership that usually requires years of commercial success to achieve.

      Humanoid was established in May 2024 by Artem Sokolov, who sold his family's manufacturing and retail business, which Forbes described as a jewelry enterprise he grew to $1 billion in revenue, and reportedly invested $30 million of his own funds at the start. The company develops both wheeled and bipedal humanoid robots based on its HMND 01 platform, featuring a proprietary AI system known as KinetIQ. Earlier this year, its wheeled model executed an eight-hour autonomous operation at a Siemens factory in Erlangen, achieving 60 tote moves per hour with a pick-and-place success rate exceeding 90%.

      The company claims to have 34,000 robot pre-orders amounting to nearly $2.5 billion, a number not independently verified, which significantly outstrips the revenue of any current humanoid robotics company. Humanoid states that it constructed its wheeled prototype in seven months and its bipedal version in five, attributing these timelines to a simulation-first approach using Nvidia’s physical AI stack, though these claims are self-reported. A beta version is expected in the fourth quarter of 2026.

      The assertion that Humanoid is Europe’s first pure-play humanoid robotics unicorn is disputed. Germany's Neura Robotics completed a funding round exceeding $1 billion in June 2026 at a purported valuation near $7 billion, while Barcelona's THEKER raised $85 million in a Series A that same month with support from LVMH. On a global scale, Humanoid lags behind Figure AI and Austin-based Apptronik, which secured $520 million in February at a valuation close to $5 billion.

      Goldman Sachs predicts the global humanoid robot market will approach approximately $38 billion by 2035, a projection that several startups in this field have already surpassed in private-market valuations. The disparity between investor valuations and the actual revenue generated by companies in this sector represents one of the largest gaps in venture capital. Whether Humanoid’s hardware, its manufacturing agreement with Bosch, and its purported pre-order pipeline can bridge this gulf remains to be seen, and this funding round is aimed at delivering that answer.

      **Published July 21, 2026 - 5:08 pm UTC**