NEURA Robotics raises up to $1.4B in record robotics round backed by Nvidia, Amazon, and Tether
TL;DR
NEURA Robotics raised up to $1.4B at a ~$7B valuation. Backed by Nvidia, Amazon, Tether, Bosch, and Qualcomm. Plans millions of robots by 2030.
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, and industrial manufacturing. Tether led the round, with participation from Qualcomm Technologies, Amazon, Nvidia, Bosch, Schaeffler, the European Investment Bank, imec.xpand, Lingotto Horizon, and InterAlpen Partners. That breadth signals how many different sectors see cognitive robotics as a near-term commercial opportunity.
NEURA plans to use the capital to ramp mass production to millions of robots by 2030. It will also accelerate the global rollout of NEURA Gyms, which the company...
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