Robotics Company Developing Cognitive Robots Secures Up to $1.4 Billion From Top Companies
The German robotics startup said the round could reach $1.4 billion and will fund production growth and its Neuraverse software platform.
- German startup Neura Robotics secured up to $1.4 billion in Series C funding led by Tether Holdings, with Amazon, Nvidia, Qualcomm, Bosch, and Schaeffler joining the round.
- The financing values Neura at approximately $7 billion, reflecting strong investor interest in "Physical AI," a rapidly expanding sector focused on machines operating in real-world environments.
- Neura plans to expand production and develop its "Neuraverse" platform, aiming to increase output from approximately 6,000 humanoid robots this year to tens of thousands next year.
- Chief Executive Officer David Reger told the Financial Times that owning the technology stack is critical for Europe's future competitiveness as Neura competes with leaders in the United States and China.
- Industry analysts project the global humanoid robotics market could reach $28 billion by 2030 as businesses increasingly seek automation solutions for manufacturing, logistics, and service sectors.
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NEURA Robotics raises up to $1.4B in record robotics round backed by Nvidia, Amazon, and Tether
German robotics company NEURA Robotics has announced up to $1.4 billion in Series C funding to scale its cognitive robotics platform. The round values the company at approximately $7 billion, according to Bloomberg. NEURA says it is the largest funding round ever raised by a full-stack robotics company. The investor list spans crypto, chips, cloud, […] This story continues at The Next Web
Can the next German tech champion emerge here? The robotics company Neura Robotics from Metzingen has received enormous funding.
Neura robotics raises up to $1.4 billion at $7 billion valuation from Nvidia, Amazon, Qualcomm, and Tether - Tech Startups
The race to bring AI into the physical world just got a lot more expensive. German humanoid robotics startup Neura Robotics has secured a Series C funding round worth up to $1.4 billion, drawing support from a group of investors […] The post Neura robotics raises up to $1.4 billion at $7 billion valuation from Nvidia, Amazon, Qualcomm, and Tether first appeared on Tech Startups.
Neura Robotics from Metzingen has collected up to $1.4 billion from international investors. CEO David Reger talks about the deal and the goals in an exclusive interview.
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