German robotics startup Neura Robotics raises about $1.4 billion in a major funding round to develop and ship an AI-powered humanoid robot, according to multiple outlets. The round is led by Tether, the stablecoin issuer, with additional backing from major technology and industry investors. Bloomberg and Financial Times report the deal values Neura at roughly $7 billion. Other reported backers include Amazon and Nvidia, with further participation cited by NDTV such as Qualcomm Technologies, Bosch, InterAlpen Partners and the European Investment Bank. Decrypt and The Next Web also describe the investment as part of Neura’s push to scale its “full-stack” robotics and cognitive robotics platform. Several sources say Neura plans to incorporate edge AI capabilities and, in some accounts, features that relate to crypto payments or payment tools. Financial Times and CoinDesk add that Tether’s involvement reflects its efforts to expand beyond purely crypto-related activities into broader industries. Sources differ slightly on the investor roster and on how Neura plans to use crypto-related components, but they broadly agree on the size of the round and the funding goal focused on humanoid robotics.
Neura Robotics raises $1.4 billion in humanoid robot funding led by Tether
German robotics startup Neura Robotics raises about $1.4 billion in a major funding round to develop and ship an AI-powered humanoid robot, according to multiple outlets. The round is led by Tether, t...
- Neura Robotics, a German robotics startup, raises about $1.4 billion in funding to support development and shipping of an AI-powered humanoid robot.
- Tether leads the round and the company is valued at about $7 billion, according to reports.
- Amazon and Nvidia are among the investors backing the initiative.
- Other reported investors include Qualcomm Technologies, Bosch, InterAlpen Partners and the European Investment Bank.
- The funding is described as part of Neura’s effort to scale a full-stack or cognitive robotics platform, including edge AI.
Tether, Qualcomm Technologies, Bosch, InterAlpen Partners and the European Investment Bank also funded Neura Robotics.
2 months agoThe investment is part of the stablecoin giant’s expansion into industries outside of crypto.
2 months agoGerman 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
2 months agoStablecoin giant Tether led a massive Series C round for German robotics firm NEURA, which will embed crypto payment tools and edge AI.
2 months agoGerman startup Neura Robotics has raised about $1.4 billion in a funding round backed by stablecoin issuer Tether Holdings SA to develop and ship its artificial intelligence-powered humanoid robot.
2 months agoCrypto group Tether, Amazon and Nvidia invest in fundraising deal that values company at about $7bn
2 months ago
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