Windfall Neura Robotics is pleased about 120 million for humanoid robots

Source: dpa 1 min Reading Time

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Neura Robotics receives 120 million euros (123.636.000 USD) in a Series B funding to advance the vision of cognitive and humanoid robotics, according to dpa reports.

This humanoid robot highlights the particular expertise of Neura Robotics, the only German manufacturer of human-like robots and a specialist in cognitive robotic systems. Now the company from Metzingen can look forward to a multi-million euro injection...(Image: Neura Robotics)
This humanoid robot highlights the particular expertise of Neura Robotics, the only German manufacturer of human-like robots and a specialist in cognitive robotic systems. Now the company from Metzingen can look forward to a multi-million euro injection...
(Image: Neura Robotics)

Founded in 2019, Neura Robotics has quickly become a world-leading expert in cognitive and humanoid robots, having developed robots that seamlessly collaborate with humans in industries such as manufacturing, logistics, and healthcare, as one learns. Furthermore, the company is said to be the only manufacturer of humanoid robots in Germany, as emphasized. Now, the robotics pioneers from Metzingen are receiving 120 million euros to further realize their ideas. With its unique positioning, Neura Robotics aims to lead the European robotics industry and be a strong player in the global robotics scene compared to the major players from the USA and China.

Development of cognitive robot innovations through own platform

The fresh capital will thus flow into further research and development and support the launch of new, globally leading products. Everything will be based on the company's Neuraverse platform. This is an ecosystem designed to accelerate innovation in cognitive robotics through various elements such as an operating system for cognitive robotics and a marketplace for robot capabilities. The funding round is led by Lingotto Investment Management. Additionally, Bluecrest Capital Management, Volvo Cars Tech Fund, Interalpen Partners, Vsquared Ventures, HV Capital, Delta Electronics, C4 Ventures, L-Bank, the founder David Reger himself, and other players are involved in the endeavor.

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