Humanoid, a London-based robotics startup, is in advanced discussions to raise $200 million in a funding round that would value the company at approximately $1 billion, according to sources familiar with the matter.
The funding round represents a significant milestone for the British deeptech firm and underscores growing investor appetite for robotics innovation in Europe. The deal involves Saudi Arabian oil and energy conglomerate Aramco, which has been increasingly active in backing technology ventures beyond its traditional sector focus.
The valuation would position Humanoid among Europe’s most valuable robotics companies, reflecting the startup’s progress in developing advanced robotic systems. The funding round is expected to provide the company with substantial capital to accelerate product development, expand its team, and scale manufacturing operations.
Strategic Partnership with Aramco
The involvement of Aramco in this funding round demonstrates how traditional energy companies are diversifying their investment portfolios to include cutting-edge technology ventures. The Saudi conglomerate has previously invested in various deeptech and AI-focused startups globally, seeking exposure to transformative technologies.
For Humanoid, the backing from such a prominent institutional investor validates the company’s technology and market opportunity while potentially opening doors to partnership possibilities across industrial and energy sectors where robotics applications are increasingly valuable.
Broader European Deeptech Momentum
This development comes at a time when European robotics and deeptech startups are attracting increasing international capital. The continent has established itself as a hub for robotics innovation, with companies spanning autonomous systems, industrial automation, and humanoid robotics generating significant investor interest.
London continues to be a focal point for this activity, hosting numerous robotics ventures that are addressing challenges across manufacturing, logistics, healthcare, and other sectors. The growth of these companies reflects broader trends in automation and artificial intelligence reshaping European industries.
The funding landscape for deeptech in Europe has evolved considerably, with investors recognizing the long-term potential of robotics technology to transform multiple industries. However, many robotics ventures require substantial capital to navigate lengthy development cycles, manufacturing complexities, and regulatory requirements—factors that make large institutional backing particularly valuable.
Humanoid’s fundraising activity reflects investor confidence in the company’s technical achievements and market positioning. The Series C+ round signals progress beyond earlier development stages and suggests the company is moving toward broader commercialization of its robotics platform.
The successful completion of this funding round would further establish London as a competitive center for robotics innovation and highlight the importance of international capital in supporting Europe’s deeptech ambitions. As European startups compete globally for talent and market share in emerging technologies, securing backing from major institutional investors becomes increasingly critical to long-term success and growth.