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Tether leads $1.4 billion funding round in German robotics company Neura

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German startup Neura Robotics raised $1.5 billion in a round led by Tether Investments with participation from Nvidia, Qualcomm, Amazon. (Gabimedia/Pixabay)

Tether Investments said it led a $1.4 billion funding round for Neura Robotics, a German startup developing AI-powered humanoid robots, in what it called one of the largest investments into physical AI on record.

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Summary

The round, which included Qualcomm Technologies, Amazon and NVIDIA, was expected to value Neura around $9 billion-$12 billion. Neura plans to produce 5 million AI-powered humanoid robots by 2030, equipping them with Tether-linked digital wallets so they can be paid for work and make electronic payments autonomously. The funding, announced Wednesday, was projected to value Neura between $9 billion and nearly $12 billion when it first became public last November.

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