Noble Machines Moby humanoid robot carrying a metal part down a warehouse aisle
$50M Series A · Confidential Investor Data Room

General-purpose robots for industrial applications.

Supporting humans in the toughest jobs. Noble Machines defines the Industrial Humanoid — capable, cost-effective, and shipping today.

$50M
Series A raise
50 lb
Best-in-class payload
$500M+
Potential ARR (signed MOUs)
1st
US humanoid shipped to Asia
Scroll to explore the data room
01The Team

Founded by pioneers in humanoid robotics and autonomous systems

A team that has built the world's first running humanoid, NASA's humanoid for space, and vehicle intelligence at Apple's Special Project Group.

Portrait of Wei Ding

Wei Ding

Co-founder & CEO

Senior robotics software architect on vehicle intelligence at Apple Special Project Group.

Portrait of Wenlong Ma

Wenlong Ma

Co-founder & CTO

Lead researcher of the world's first running humanoid.

Portrait of Chris McQuin

Chris McQuin

Co-founder & VP of Hardware

Chief Engineer of Valkyrie, NASA's humanoid for space.

Portrait of Elizabeth Samara-Rubio

Elizabeth Samara-Rubio

SVP of Business Development

ex-AWS and Accenture Managing Director leading global commercial partnerships and humanoid field deployment strategy.

02Vision, Mission & Culture

Why we build, and how we work

Our north star and the operating principles that shape how the team executes every day.

Vision

To become the world's most trusted robotics company—transforming the future of work, unlocking progress across every industry, and elevating the value of work for people.

Mission

To build general-purpose robots that take on hazardous and physically demanding industrial tasks, enabling a safer, more efficient, and more productive world.

Culture

01

Push the frontier

We approach challenges with optimism and pragmatism, continually pushing the boundaries of technology through innovation and technical leadership. We deliver meaningful impact through excellence in execution and attention to detail.

02

Go get it

We empower each other to take ownership, drive for results, embrace continuous learning, and proactively seize opportunities to deliver excellence.

03

Act with integrity

We operate with integrity in all our actions, honoring commitments, embracing accountability, and conducting business with transparency that earns the confidence of our coworkers, customers, and partners.

04

Win together

Robotics is a team sport, and our success depends on every team member executing at their highest level. We foster an environment of open communication, mutual trust, and respect where everyone's voice is valued equally, regardless of title or position.

03Company History

Execution at ludicrous speed

From founding to shipping the first US humanoid to Asia in under 18 months — with new generations of Moby every few months.

  1. 01
    May 2024

    Founded

    Noble Machines started with four founding members and two folding tables in a small warehouse in Santa Clara.

    Founded — May 2024
  2. 02
    Sep 2024

    Moby 1 — 0 → 1 in 4 months

    We built a full-size humanoid in four months — hardware, software, and AI.

    Moby 1 — 0 → 1 in 4 months — Sep 2024
  3. 03
    Late 2024

    State-of-the-art mobility

    We achieved state-of-the-art mobility — training our locomotion policies on GPUs we bought off Facebook Marketplace.

    State-of-the-art mobility — Late 2024
  4. 04
    Mar 2025

    Moby 2

    Heavy-payload demonstrations and live demo at AGC.

    Moby 2 — Mar 2025
  5. 05
    Sep 2025

    Moby 3

    Design to live demo in 3 weeks. Live demo at Hensel Phelps.

    Moby 3 — Sep 2025
  6. 06
    Oct 2026

    Delivered

    First US humanoid shipped to Asia — Moby palletized, crated, and out the door.

    Delivered — Oct 2026
  7. 07
    Mar 2026

    Came out of stealth at GTC 2026

    Launched out of stealth at GTC 2026 with two end-to-end fully-autonomous live showcases — featured in Jensen's keynote and showcased at NVIDIA's booth.

    Came out of stealth at GTC 2026 — Mar 2026
04The Problem

Forget folding laundry. Robots should take on hazardous, physically demanding work.

Industrial work is the backbone of our economy — and a massive TAM. Yet today's industrial robotics solutions are fixed, inflexible, and not economically viable for most industrial tasks.

Diverse environments require mobility

  • Unstructured floors in construction, mining, offshore facilities
  • Tight spaces or stairs in brownfield facilities
  • Facility reconfigurations driven by changeovers

High diversity, low volume tasks need flexibility

  • Demand fluctuation leading to quick workflow changes
  • Low volume tasks done by 'flex workers' today
  • Processes with unstructured inputs
05The Product

Introducing Moby

America's most cost-effective humanoid. Best-in-class 50 lb payload. Any environment, any task, with fast onboarding — and it's full stack.

Moby industrial humanoid robot, full body

What Moby can do

Five capabilities that define an industrial humanoid. Press play to watch each live.

01

Industry-leading adaptive sustained payload

A best-in-class 50 lb sustained payload with adaptive whole-body control — Moby carries more than any humanoid on the market and adjusts on the fly to keep loads stable.

02

Terrain adaptivity

Moby walks confidently across unstructured, real-world ground — parking lots, ramps, thresholds and uneven outdoor surfaces — without pre-mapped environments.

Terrain adaptivity — clip 1
Terrain adaptivity — clip 2
Terrain adaptivity — clip 3
03

Operating in tight spaces

A compact footprint and whole-body coordination let Moby work in the cramped, brownfield spaces that wheeled robots and fixed automation can't reach.

04

Operating payload with stability

Active stabilization keeps a carried payload level and steady while Moby moves — a humanoid gimbal for sensitive or precise material handling.

05

One robot, many tasks

The same robot, the same AI — performing distinct tasks back-to-back. General-purpose by design, not single-purpose automation.

06Technology & Autonomy

Train a robot as fast as onboarding a person

Noble Machines is full-stack — from hardware and manufacturing to the brain, AI models, data infrastructure, and fine-tuning pipeline. We own the entire vertical, so intelligence and embodiment improve together.

Full-stack capabilities

Hardware
Manufacturing
Brain & AI Models
Data Infrastructure
Fine-Tuning Pipeline

End-to-end autonomy pipeline

FoundationNoble Pre-Training
Video Data
NM Embodiment Data
Pre-Training
Step 1
Task Adaptation

Rapidly adapt the base model to a new task.

Step 2
Coaching (Error Correction)

Human-in-the-loop coaching corrects errors.

Step 3
Self Improvement (Online RL)

Continuous improvement via online reinforcement learning.

Hardware Data feeds every post-training stage
Three-Step Post-Training
NM SkillsApps

The Skills

Learns, shares, and deploys new skills — just show or tell. Share physical skills like the App Store.

NM OSiOS

The Brain

Connects intelligence to movement through hardware-agnostic APIs and whole-body control.

NM HardwareiPhone

The Robot

Capable, low-cost, built for the real world at scale.

07Commercial Traction

$550M+potential ARR with signed POs, MOUs & LOIs

A global pipeline spanning semiconductors, construction, automotive and manufacturing — with purchase orders issued, MOUs and LOIs signed. Documentation available for due diligence post-NDA.

We have talked to all humanoid robotics companies around the world. We're particularly excited about working with Noble Machines to push the frontier of humanoids.
Leading logistics company
No American humanoid company ships a robot, and Chinese robots like Unitree cannot do anything useful that needs payload. Noble Machines is the only company that ships robots to us with the payload capacity we're looking for.
Leading APAC semiconductor manufacturer
SemiconductorsConstructionManufacturingEnergyMining

Commercial pipeline

POC done · PO in process

Automated material handling across cleanroom and fab logistics — including carton box, tray and FOSB handling — where sustained payload, precision and uptime are mission-critical.

Carton box handling
Carton box handling
Tray handling
Tray handling
FOSB handling
FOSB handling
POC
Done
PO in process
$100,000
Second-phase estimate
2 units · $300,000
Target
August 2026
Total$550M – $730M

*POs, MOUs and LOIs available for due diligence post signing NDA.

Strategic investors & partner ecosystems

Manufacturing

Deployments for applications in logistics and manufacturing.

Electronics

Deployment in material handling such as home appliances, manufacturing.

Imaging & electronics

Deployment and co-developments in inspection, manufacturing and logistics.

Construction

Deployment and co-developments in construction material handling, tool usage.

08Unit Economics

America's most cost-effective humanoid

Hardware cost falls from $70K to $25K as volume scales, while recurring subscription revenue per unit climbs with every software update.

20256 units/year
Hardware cost
$70K
Target subscription
$6,000–10,000 / unit / month
202750 units/year
Hardware cost
$50K
Target subscription
$10,000–15,000 / unit / month
2030+1,000 units/year
Hardware cost
$25K
Target subscription
$20,000+ / unit / month

Note: Subscription fee increases as more capabilities are rolled out through software updates.

RaaS value creation

By 2031, AI & software will drive 78% of the value for RaaS

$0$240K$480K$720KYr 1Yr 2Yr 3Value Creation — AIHardware$159K~$720K3 yr × $240K/yr

Hardware is a one-time $159K cost, while AI and software compound recurring value with every update — driving 78% of total lifetime value per robot.

Value creation by vertical

What each robot is worth — and the math behind it

Expand each vertical to see the monthly value created, the subscription captured, and the bottoms-up labor calculation that supports it.

Hazardous, highly regulated tasks (operating breakers, demolition) and low-value repetitive work (material handling, reality capture) consume specially trained, expensive workers — and expose them to injury.

Demolition + reality capture
Value / month
$41,200
Subscription
$25,000
Material handling + reality capture
Value / month
$26,533
Subscription
$18,000

How the value is calculated

Demolition (power tools)$35,200 / month
$400/day × 4 workers × 22 days = $35,200 / month

Regulations require jackhammer operators to rest 4 hours per 30 minutes of use (~1 effective hour/worker/day). A robot operating power tools continuously for 4 hours/day replaces ~4 workers. Average demolition labor ≈ $400/day (CA $560, TX $320, UK £350).

Autonomous material handling$20,533 / month
$400/day × (2 + ⅓) × 22 days = $20,533 / month

Today customers need 3 workers plus 1 full-time manager to handle material. At $400/day per laborer across two shifts, the robot replaces 2⅓ headcount equivalents.

Reality capture$6,000+ / month
$6,000 – $8,000 / month

Customers currently use skilled field engineers for reality capture. The robot performs this concurrently while material handling — adding value at no extra time cost.

Competitive advantage

  • Payload capability beyond any alternative robotics solution
  • Mobility with a small footprint across uneven terrain and stairs
  • Multi-function on one consolidated platform, raising utilization
  • First-mover advantage — the only brand actively engaging construction customers
09Competitive Landscape

Defining the Industrial Humanoid: capable and cost-effective

Assessment as of Oct 2025, based on public demos and customer references. Moby leads on payload, cost trajectory and non-flat terrain.

RobotPayloadCost todayProjected mass-prod. costStairs / non-flat
Noble Machines logoMoby 3Noble MachinesUs
50 lbLowVery LowStrong
Unitree logoG1Unitree
15 lbVery LowVery LowStrong
Boston Dynamics logoAtlas (Electric)Boston Dynamics
UnknownHighMediumUnknown
Agility Robotics logoDigitAgility Robotics
35 lbMediumLowUnknown
Tesla logoOptimusTesla
20 lb (est.)HighLowUnknown
Figure logoFigure 02Figure
UnknownHighUnknownUnknown

Disclaimer: Categorization of Apptronik, Figure and Tesla is based on inferred assessments of current design choices rather than officially verified performance data.

10Media & Events

On the world stage at GTC, COMPUTEX and beyond

From Jensen Huang's keynote to live demos on real job sites — Noble Machines is earning the trust of the industry's most important players. Explore photos, press and video below.

Featured in Jensen Huang's GTC 2026 keynote
NVIDIA GTC Taipei 2026

Featured in Jensen Huang's GTC 2026 keynote

Noble Machines was featured in NVIDIA founder & CEO Jensen Huang's keynote — named on stage alongside Hyundai, Unitree, Figure and the robotics partners building the future of Physical AI.

  • Featured in the #NVIDIAGTC Taipei 2026 keynote with Jensen Huang
  • Recognized among NVIDIA's robotics partners building Physical AI
  • Work highlighted on the keynote main stage
Noble Machines at GTC 2026
NVIDIA GTC · San Jose

Noble Machines at GTC 2026

Selected as 1 of 4 robotics partners to showcase at NVIDIA's booth — four booths, three robots and two fully-autonomous live showcases, with conversations on Physical AI and humanoids in semiconductor. Jensen Huang visited the team at the booth.

  • 1 of 4 robotics partners at NVIDIA's booth (#941 + #3303)
  • 4 booths, 3 robots and 2 fully-autonomous live showcases
  • Conversation with Spencer Huang on Physical AI
  • Conversation with Madison Huang & SK Hynix execs on humanoids in semiconductor
  • Visit by Jensen Huang
  • Major media coverage (Reuters, CNET, A3)
Noble Machines at COMPUTEX Taipei 2026
COMPUTEX · ADLINK booth · Taipei

Noble Machines at COMPUTEX Taipei 2026

Moby took center stage at the ADLINK booth, welcoming NVIDIA leadership — Deepu Talla, Madison Huang and Lori Huang — for live demonstrations of industrial general-purpose humanoid work.

  • Deepu Talla (VP, Robotics & Edge Computing, NVIDIA) visits Moby
  • Madison Huang (Sr. Director, Product Marketing, NVIDIA) visits Moby
  • Lori Huang visits Moby at the ADLINK booth
  • Live demonstrations on the COMPUTEX floor
Press & broadcast coverage
WGN-TV · Reuters · CNET · A3

Press & broadcast coverage

Co-founder & CEO Wei Ding sat down with national broadcast and newswire outlets — including WGN-TV's Marcus Leshock — to discuss shipping industrial humanoids and the road ahead for Physical AI.

  • Wei Ding interviewed by Marcus Leshock of WGN-TV
  • Wei Ding interviewed by Reuters
  • Coverage across CNET and A3 (Association for Advancing Automation)
  • Recognized by the Federal Reserve Bank of San Francisco
Speaking on safety, scaling & deployment
Humanoid Robot Forum · Automate 2026

Speaking on safety, scaling & deployment

Noble Machines leaders are invited to speak across the industry's most important humanoid panels — from safety standards and certification to scaling humanoids in the real world.

  • Chris McQuin — 'Beyond the Cage: Navigating Humanoid Safety Standards, Field Realities, and the Road to Certification'
  • Elizabeth Samara-Rubio — 'Scaling, Delivering, and Deploying: Humanoids in the Real World'
  • Wei Ding — invited to speak in the Humanoid Pavilion
  • Speaking at the corporate conference of a leading semiconductor equipment manufacturer
Live demos in the field
AGC · Hensel Phelps · semiconductor fab

Live demos in the field

From its debut at the four-month mark to autonomous material handling on real job sites and in semiconductor fabs — Moby demonstrates real-world capability where it matters, drawing standing-room crowds on the GTC floor.

  • First public live demo at the 4-month mark
  • Live demo at AGC
  • Live demo at Hensel Phelps
  • Two live, fully-autonomous demos running simultaneously at GTC

Photo gallery

Moments from GTC, COMPUTEX, Automate and the press circuit. Click any photo to enlarge.

Video library

Watch Moby handle payloads, stairs, navigation and autonomous tasks. Click any video to play.

Moby 3.0

Handling 25–50 lb payload adaptively

Moby 3.0

Stable tray handling (semiconductor fab)

GTC robots — narration by Noble Machines
GTC 2026

GTC robots — narration by Noble Machines

GR00T in Isaac Lab — simulated job site
GTC 2026

GR00T in Isaac Lab — simulated job site

Moby meets NVIDIA leadership at COMPUTEX
COMPUTEX 2026

Moby meets NVIDIA leadership at COMPUTEX

WGN-TV 'Around Town' — Marcus Leshock visits Moby
Press

WGN-TV 'Around Town' — Marcus Leshock visits Moby

11The Ask

We're raising a $50M Series A to reverse the trend — and dominate the global market.

New form factor

Develop the next-generation industrial humanoid form factor.

Scale deployments

Move from pilots to fleet deployments with signed customers.

Expand AI lead

Extend our lead in autonomy, whole-body control and skills.

Connect with our team

Visit our lab for live demos. MOUs available for due diligence post-NDA.

wei@noblemachines.ai236 E Caribbean Dr, Sunnyvale, CA 94089
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