Robotics startup Neuroa Robotics secures up to $1.4 billion from some of the world’s most powerful tech companies.
German robotics startup Neura Robotics has closed a Series C financing round of up to $1.4 billion. Investors include Amazon, Nvidia, Qualcomm, Bosch, Schaeffler, Tether and the European Investment Bank. According to the company, it is the largest financing round to date for a full-stack robotics company worldwide.
The company wants to use the fresh capital to expand its platform for so-called “Physical AI” – i.e. AI systems that not only control software, but also take on physical tasks in robots. The company develops cognitive and humanoid robots that can see, hear, feel and learn independently. The heart of the strategy is the so-called “Neuraverse”, a platform through which robots can exchange skills and experiences.
Millions of robots are expected to be produced in the next few years
According to founder and CEO David Reger, the capital will primarily flow into expanding production, further developing the platform and rolling out the technology worldwide. The company wants to produce several million robots by 2030. The order backlog already stands at more than one billion US dollars.
Neura was founded in 2019 and is one of the most ambitious robotics startups in Europe. With the billion-dollar round, the company is positioning itself as a European challenger to the major US and Chinese providers in the global race for humanoid robots and physical AI.
