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, Germany - AI and robotics startup NEURA Robotics GmbH announced that it has closed a €50 million funding 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 to achieve 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

A company that combines AI and robotics, NEURA unveiled the MAiRA robot, a ready-to-go cognitive cobot, shortly after its founding. 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 variety of applications for industry, the service sector and the home.

Robots based on the NEURA Robotics platform have senses of sight, hearing and touch and are able to act autonomously and predictively. 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 address the growing shortage of skilled workers. NEURA's goal is to bring the first general-purpose humanoid robot to market.

Neura works at the interface of AI and hardware development. Germany and Europe have a special advantage here

Nikhil Srinivasan, Managing Partner Lingotto

The fresh €50 million capital increase will enable NEURA Robotics to expand into the U.S. and Japan, as well as expand its production infrastructure in Germany to meet exponentially growing demand. The company's order backlog currently stands at more than €400 million. 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 unites all components and sensors with artificial intelligence and offers partners the opportunity to develop application apps for various fields of expertise. The startup is attracting international companies, including Kawasaki, one of the world's largest robot manufacturers, which recently launched a product line "powered by NEURA." NEURA Robotics develops all the necessary technological components itself, including AI, setting standards in intelligence, precision and safety.