NEURA Robotics, a cognitive robotics startup based in Metzingen and the developer of Neuraverse, recently secured a Series C funding round of up to €1.2 billion ($1.4 billion) to create the world’s premier Physical AI platform. The funding was backed by a consortium including Tether, Qualcomm Technologies, Inc., Amazon, NVIDIA, imec.xpand, Bosch, Schaeffler, European Investment Bank, Lingotto Horizon, InterAlpen Partners, and others.
In January of the previous year, the company revealed a €120 million Series B investment led by Lingotto Investment Management. NEURA Robotics, initiated in 2019 by founder and CEO David Reger, specializes in robotics and physical AI, intending to facilitate the development of intelligent machines that can learn, adapt, and operate alongside humans in real-world settings. The company focuses on building cognitive robots with sensory capabilities and learning aptitude, along with the necessary software, AI, and data infrastructure for large-scale deployment.
Differentiating itself from conventional robotics firms concentrated on individual machines or specific industrial automation, NEURA Robotics integrates robotics, AI, sensors, edge computing, and comprehensive learning infrastructure into a unified platform architecture. The company anticipates that the fusion of intelligence with real-world interaction, sensing, and scalable deployment infrastructure will present a significant competitive advantage as AI transitions from digital systems into physical environments.
NEURA Robotics is establishing the Neuraverse, an open Physical AI ecosystem, where robots interact, share skills, and learn from one another across diverse deployments globally. The company is expanding its global network of NEURA Gyms, specialized training environments designed to create a vast real-world robotics data repository. NEURA aims to create one of the largest real-world robotics data infrastructures globally through these initiatives.
The company plans to expedite the worldwide deployment of cognitive robots and humanoids, enhance the Neuraverse platform, introduce NEURA Gyms, expand manufacturing and deployment capabilities, and develop advanced Physical AI systems with the newly acquired capital. NEURA is scaling up its manufacturing operations with the goal of producing millions of robots by 2030 and introducing its humanoid 4NE1 to industrial clients on a large scale, beginning with priority sectors.
Additionally, NEURA is extending its reach from Europe to the US, China, and Japan, fostering partnerships with notable industrial and AI firms like Bosch, Schaeffler, Kawasaki, Delta Electronics, Qualcomm Technologies, Amazon, and NVIDIA. The company’s current order book and strategic deployment pipeline surpass €864.8 million ($1 billion), indicating a promising future in the robotics industry.
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