Neura Robotics negotiates 1 billion round: Tether focuses on humanoid robots
The transaction would value the company at around EUR 4 billion. Growing investor interest in a sector dominated by Chinese companies
by B.Sim.
German robotics startup Neura Robotics is negotiating a new funding round of around EUR 1 billion, with backing from Tether, a company known for issuing the USDT stablecoin (but also for trying to buy Juventus). The deal would value the company at around EUR 4 billion. And according to sources close to the dossier cited by Bloomberg, the round could be followed by further capital raisings.
Neura Robotics is based in Metzingen, in the German state of Baden-Württemberg, and works on the development of humanoid robots powered by artificial intelligence. An area in which China is showing the world it is playing a different game.
Certainly, if the deal closes, the investment would mark another step in Tether's diversification strategy. The company, which manages the world's largest stablecoin, is in fact expanding its activities beyond the cryptocurrency sector. In recent months, it has also invested in the brain-computer interface company Blackrock Neurotech and the Italian robotics start-up Generative Bionics.
It has to be said that the humanoid robot sector is attracting capital throughout the technology industry. Several companies are raising funds to develop autonomous machines capable of working in industrial or domestic environments. These include Figure AI, Dexterity and Apptronik, which raised $520 million in February.
According to a report published by Barclays last month, the market for robots powered by artificial intelligence and autonomous machines could reach close to $1 trillion by 2035.


