Humanoid robotics company Figure raised a record-breaking Series C funding round, valuing the company at $39 billion. The funding will be used to expand the fleet of robots, enhance infrastructure for training, and improve data collection efforts. Since its founding in 2022, Figure has raised nearly $2 billion.

Figure CEO Brett Adcock claimed the company was the most sought-after stock on the private market, while also sending cease-and-desist letters to unauthorized secondary stock market brokers. TechCrunch has reached out to Figure for comment on these actions.

Read more at Yahoo Finance: Figure reaches $39B valuation in latest funding round