The race for humanoid robots is heating up as American startups accelerate commercialization, aiming to bring their products to market before China. Robotics startup Apptronik has just raised an additional $520 million in a new funding round, bringing its valuation to approximately $5 billion. This investment aims to boost the company’s plan to commercialize the Apollo humanoid robot, amid a heated race to develop humanoid robots between American and Chinese companies, as well as Tesla’s own Optimus project.

Full report : Robotics startup Apptronik has just raised an additional $520 million in a new funding round, bringing its valuation to approximately $5 billion.

For more see the OODA Company Profile on Apptronik.