Humanoid Robot Maker Neura Robotics Targets €1 Billion Funding Round

Neura Robotics, a Germany-based robotics startup, is reportedly in talks to raise up to €1 billion (about $1.2 billion) in a new funding round, according to a report by Bloomberg.

The investment could include participation from Tether, the issuer of the world’s largest stablecoin, Tether.

Early reports in November suggested the deal could value Neura Robotics between €8 billion and €10 billion. However, Bloomberg’s latest report indicates the company may instead receive a valuation closer to €4 billion. Sources also noted the funding round could potentially be followed by additional fundraising in the future.

Founded in Germany, Neura Robotics develops AI-powered robots designed for both industrial and consumer applications. In January, the company introduced two new systems: the Neural Quadruped Robot, built to operate on difficult terrain, and the 4NE1 Mini, a 52-inch-tall humanoid robot capable of understanding natural language commands.

The company’s flagship humanoid platform, the 5.9-foot 4NE1 Mini, can carry loads of up to 220 pounds and move at speeds of roughly three miles per hour. Neura says the robot is designed for use across both domestic and industrial environments.

Neura also offers several specialised robots, including the modular MiPA system designed to automate everyday household tasks. In the industrial sector, the company builds robotic arms that can be configured through a visual interface rather than custom code, as well as logistics robots capable of transporting loads of up to 1.5 tons.

The fundraising effort follows Neura’s €120 million round last year backed by investors including Volvo Cars Tech Fund and L-Bank. Shortly afterward, Neura acquired automation firm ek Robotics, expanding its portfolio of warehouse and logistics robots.