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Investing.com -- The ARK Venture Fund has recently made an investment in Apptronik, Inc., as part of the robotics company’s Series A funding round.
Established in 2016 as a spin-off from the University of Texas, Apptronik specializes in creating general-purpose humanoid robots intended for use in industrial and logistics applications. The company’s focus lies in addressing labor shortages and automation challenges through the development of advanced robotics solutions. This is facilitated by their expertise in actuation, control systems, and artificial intelligence. Apptronik also collaborates with Google (NASDAQ:GOOGL) on research projects, and the tech giant is one of the company’s investors.
The ARK Venture Fund offers a unique opportunity for U.S. self-directed investors, who can invest in a mix of private and public companies, including Apptronik. This investment can be made through the SoFi (NASDAQ:SOFI) app, with a minimum investment amount of $500. The SoFi platform offers members the option to invest through a standard brokerage account or via a Traditional or Roth Individual Retirement Account (IRA).
The ARK Venture Fund is also accessible to unaccredited investors via Titan, a members-only wealth platform. This platform provides an additional avenue for investment in the ARK Venture Fund and its portfolio companies, including Apptronik.
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