U.S. tech giants have backed a German firm in its newest fundraising spherical to develop its humanoid robotics tech.
Neura Robotics’ Sequence C financing, which is price as much as $1.4 billion, featured Tether, Qualcomm, Amazon and Nvidia, alongside European industrial corporations Bosch and Schaeffler and the European Funding Financial institution.
The corporate hit a valuation of round $7 billion, based on a supply aware of the matter, who requested to stay nameless as they weren’t approved to debate the knowledge. The corporate declined to touch upon the valuation.
“The way forward for AI is not going to solely dwell on screens,” mentioned David Reger, founder and CEO of Neura Robotics, in a press release. “It should transfer, work together, study and work beside us in the true world.”
The complete funding is contingent on Neura hitting sure milestones primarily based on firm efficiency, the supply added. Neura declined to touch upon the milestones.
Traders have piled into robotics startups in latest occasions as consideration turns to deploying AI in bodily techniques that may work together in real-world environments.
Robotics corporations have raised $55.8 billion thus far in 2026, based on Dealroom, a report determine practically double the earlier report raised final 12 months.
Nearly all of that has been raised by corporations within the U.S. and China, however new robotics corporations in Europe are additionally being developed. They embody German-based SoftBank-backed Agile Robots and U.Ok.-based Humanoid.
“Many believed globally related AI infrastructure corporations might solely emerge from Silicon Valley,” Reger mentioned.
“We consider the following era of AI leaders can emerge anyplace on this planet the place there may be sufficient imaginative and prescient, engineering expertise and execution velocity,” he added.
“With this financing, Neura is firmly among the many international leaders within the robotics race, alongside one of the best within the US and China.”
