NEURA Robotics secures 50 million euros

NEURA Robotics secures €50 million in fresh capital! The AI and robotics startup plans global expansion and the first humanoid general-purpose robot.

Metzingen - The AI and robotics startup NEURA Robotics GmbH announced that it has closed a €50 million financing round. The leading European investor group, consisting of Lingotto (an investment management company owned by Exor N.V.), Vsquared Ventures, Primepulse and HV Capital, led the round. David Reger, founder and CEO of NEURA Robotics, emphasized the importance of funding for the realization of their visionary goals.

Since our founding in 2019, Neura Robotics has been working to push the boundaries of innovation in robotics by rethinking the field with artificial intelligence and a platform approach, ushering in a new era of robotics.

David Reger, Founder and CEO Neura Robotics

As a company that combines AI and robotics, NEURA presented the MAiRA robot, a ready-to-use cognitive cobot, shortly after its foundation. MAiRA can fully perceive its environment and people and act autonomously. With a platform that combines all relevant sensors and components with artificial intelligence, NEURA Robotics enables its partners to jointly develop a wide range of applications for industry, the service sector and the home.

Robots based on the NEURA Robotics platform have a sense of sight, hearing and touch and are able to act autonomously and proactively. Thanks to the founding team's extensive expertise in robotics and artificial intelligence, the robots are being developed to collaborate with humans in various areas of society and tackle the growing shortage of skilled workers. NEURA's goal is to bring the first humanoid all-purpose robot onto the market.

Neura is working at the interface between AI and hardware development. Germany and Europe have a particular advantage here

Nikhil Srinivasan, Managing Partner Lingotto

The fresh capital increase of 50 million euros will enable NEURA Robotics to expand into the USA and Japan and to expand its production infrastructure in Germany to meet the exponentially growing demand. The company's order backlog currently amounts to more than 400 million euros. The transaction was accompanied by GP Bullhound.

NEURA Robotics was founded in 2019 by David Reger in Metzingen, Germany, to create advances in robotics and usher in the age of cognitive robots. NEURA Robotics' platform combines all components and sensors with artificial intelligence and offers partners the opportunity to develop application apps for various specialist areas. The startup is attracting international companies, including Kawasaki, one of the world's largest robot manufacturers, which recently launched a product range "powered by NEURA". NEURA Robotics develops all the necessary technological components, including AI, in-house, setting standards in intelligence, precision and safety.