Parkway Venture led the $70m funding round in Figure.

Parkway Venture, a venture capital firm that prefers to invest in the software, software-as-a-service, artificial intelligence and machine learning, real estate technology, advanced manufacturing, and medical technology sectors, led the $70m funding round in Figure, a financial services company that uses blockchain technology for loan origination, equity management, private fund services, banking, and payments sectors, with participation of Aliya Capital, Bold Ventures, and Brett Adcock, Figure CEO. "Today we're seeing unprecedented labor shortages with tens of millions of unsafe or undesirable jobs in the US alone. If we want continued growth, we need more productivity, which means more automation. Once Figure's humanoids are deployed to work alongside us, we'll have the potential to produce an abundance of affordable, more widely available goods and services to a degree the world has never seen," Brett Adcock, Figure CEO.