U.S. tech giants have backed a German company in its latest fundraising round to develop its humanoid robotics tech.
Neura Robotics’ Series C financing, which is worth up to $1.4 billion, featured Tether, Qualcomm, Amazon and Nvidia, alongside European industrial companies Bosch and Schaeffler and the European Investment Bank.
The company hit a valuation of around $7 billion, according to a source familiar with the matter, who asked to remain anonymous as they weren’t authorized to discuss the information. The company declined to comment on the valuation.
“The future of AI will not only live on screens,” said David Reger, founder and CEO of Neura Robotics, in a statement. “It will move, interact, learn and work beside us in the real world.”
The full funding is contingent on Neura hitting certain milestones based on company performance, the source added. Neura declined to comment on the milestones.
Investors have piled into robotics startups in recent times as attention turns to deploying AI in physical systems that can interact in real-world environments.
Robotics companies have raised $55.8 billion so far in 2026, according to Dealroom, a record figure nearly double the previous record raised last year.
The majority of that has been raised by companies in the U.S. and China, but new robotics companies in Europe are also being developed. They include German-based SoftBank-backed Agile Robots and U.K.-based Humanoid.
“Many believed globally relevant AI infrastructure companies could only emerge from Silicon Valley,” Reger said.
“We believe the next generation of AI leaders can emerge anywhere in the world where there is enough vision, engineering talent and execution speed,” he added.
“With this financing, Neura is firmly among the global leaders in the robotics race, alongside the best in the US and China.”
