Saudi Aramco is in advanced talks to invest in Humanoid, a London-based robotics startup, at a valuation of approximately $1 billion, according to sources familiar with the negotiations. The company is seeking $200 million in the round.
Humanoid is developing two robot platforms: one designed for industrial applications and a second aimed at consumer home use. The industrial robot focuses on manufacturing and logistics tasks, while the home robot targets domestic assistance. Neither model has been publicly demonstrated yet.
The potential investment from Aramco reflects the oil giant’s growing interest in robotics and automation as it diversifies beyond fossil fuels. Aramco’s venture arm has been increasingly active in technology investments, particularly in areas where robotics can improve industrial safety and efficiency.
Humanoid was founded by a team with experience at Boston Dynamics and other leading robotics companies. The startup has so far operated in relative stealth, building its technology without public fanfare.
If the deal closes, Humanoid would join a growing roster of robotics startups reaching billion-dollar valuations. The sector has seen a surge of investor interest as breakthroughs in AI and mechanical design bring general-purpose robots closer to commercial reality.
Other investors in the round include existing backers who have supported the company’s early development.
