Tether is leading a $1.4 billion funding round for NEURA Robotics, with plans to integrate its wallet technology and AI capabilities into the company's systems.
Summary
- Tether is leading a Series C funding round for NEURA Robotics, aiming to raise up to $1.4 billion, a major boost for humanoid robotics.
- Alongside financial support, Tether plans to embed its cryptocurrency wallet technology and edge AI into NEURA's robots.
- Other significant investors include Nvidia, Amazon, Qualcomm, and Bosch.
Tether, known for its prominent stablecoin USDT, announced on Wednesday that it is spearheading a Series C funding round for NEURA Robotics, targeting up to $1.4 billion. This funding round is considered one of the largest in the field of humanoid robotics and physical AI.
Founded in 2019 and headquartered in Metzingen, Germany, NEURA Robotics specializes in a variety of robotic solutions, including humanoids, precision robotic arms, autonomous mobile robots, and service robots designed for environments where humans and machines collaborate.
In addition to Tether, the funding round has attracted high-profile investors such as Nvidia, Amazon, Qualcomm Technologies, Bosch, and several others, including the European Investment Bank.
David Reger, founder and CEO of NEURA Robotics, emphasized the transformative potential of physical AI, stating, "The future of AI will not only live on screens. It will move, interact, learn and work beside us in the real world." He believes this technology will significantly impact sectors like manufacturing, logistics, healthcare, and home robotics.
Tether's investment goes beyond financial backing; it plans to integrate its open-source wallet development kit (WDK) into NEURA's systems. This integration will enable robots to handle transactions autonomously, allowing them to accept payments for services rendered.
Additionally, Tether will implement its QVAC edge AI runtime into NEURA's Neuraverse software, allowing AI systems to operate locally, which is critical for enhancing performance and reliability in industrial applications.
Tether's CEO, Paolo Ardoino, remarked, "As robotics evolves from scripted automation to genuine autonomy, the supporting infrastructure must advance as well." He highlighted that QVAC will enable edge-centric intelligence, while WDK will ensure secure financial operations, reinforcing the potential of autonomous robotics.
