Apptronik, a University of Texas spinout that was quietly building humanoid robots before it became quite so fashionable, on Thursday announced a $350

The money will aid in the deployment of the Austin-based artificial intelligence robotics startup's humanoid robot.

Apptronik, a Texas-based developer of humanoid robots, announced Wednesday that it's raised $350 million in Series A funding. Why it matters: This is a quantum of capital that's designed to scale the company's robots from tech conference novelty acts to essential "workers" in a variety of industries.