Qualcomm · Nvidia · Amazon · Tether · Funding Round · Germany · Decrypt
Tether, Nvidia and Amazon Back Humanoid Robotics Firm NEURA in $1.4 Billion Funding Round
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Tether, the company behind the world's largest stablecoin, USDT, announced Wednesday it had led a financing round of up to $1.4 billion into NEURA Robotics, a German humanoid robotics firm.
Key facts
- Tether, the company behind the world's largest stablecoin, USDT, announced Wednesday it had led a financing round of up to $1.4 billion into NEURA Robotics, a German humanoid robotics firm
- The future of AI will not only live on screens,” said NEURA Robotics founder and CEO David Reger, in a statement
- Other investors in the round alongside Tether include Nvidia, Amazon, Qualcomm Technologies, Bosch, imec.xpand, Schaeffler, European Investment Bank, Lingotto Horizon, and InterAlpen Partners
- Tether will also integrate its QVAC edge AI runtime into NEURA's Neuraverse software platform
Summary
Tether is leading an up to $1.4 billion Series C round in NEURA Robotics, one of the largest humanoid robotics investments on record. Beyond capital, Tether will embed its crypto wallet tech and edge AI runtime directly into NEURA's robotic systems. Other notable investors in the round include Nvidia, Amazon, Qualcomm, and Bosch. Founded in 2019 and headquartered in Metzingen, Germany, NEURA Robotics develops a broad portfolio of robotic systems, including humanoids, precision robotic arms, autonomous mobile robots, and service robots designed for environments where humans and machines work side by side.