Home Bots & Business NEURA Robotics Secures €120 Million in Funding

NEURA Robotics Secures €120 Million in Funding

by Marco van der Hoeven

NEURA Robotics, a Germany-based company specializing in cognitive and humanoid robotics, has announced the successful completion of a €120 million Series B funding round. The investment was led by Lingotto Investment Management, with participation from BlueCrest Capital Management, Volvo Cars Tech Fund, InterAlpen Partners, Vsquared Ventures, HV Capital, Delta Electronics, C4 Ventures, L-Bank, company founder David Reger, and other investors.

Founded in 2019, NEURA Robotics focuses on the development of robots designed to operate collaboratively with humans across industries including manufacturing, logistics, and healthcare. The company’s product portfolio includes the world’s first cognitive collaborative robot (cobot) and ongoing work on humanoid robots intended for market deployment. The firm’s proprietary sensor and AI technologies enable advanced human-robot interaction capabilities.

The funding follows a year of notable growth for NEURA Robotics, which doubled its workforce to over 300 employees and recorded a tenfold increase in revenue. The company has reported securing a €1 billion order book, highlighting strong demand for its robotic solutions.

David Reger, founder and CEO of NEURA Robotics: “Cognitive robotics is expected to become bigger than the smartphone. I am proud that NEURA is the first one to ship a commercially-viable cognitive robot and remains the only humanoid robotics company in Germany. This investment shows the confidence our investors have in my team and in pioneering advanced robotics in Europe.”

 

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