Gasgoo Munich- On June 11, German robotics firm Neura Robotics has secured up to $1.4 billion in financing to build a physical AI platform.
The round was backed by Amazon, NVIDIA, and the European Investment Bank.
Image Credit: Neura Robotics
The company said Wednesday that the capital aims to scale production to millions of robots by 2030, driven by expanding demand for physical AI in manufacturing, logistics, healthcare, and consumer applications.
Neura reported a backlog exceeding $1 billion and said it has secured backing from technology and financial giants including Tether, Amazon, NVIDIA, Qualcomm Technologies, Bosch, Schaeffler, and the European Investment Bank.
Neura noted that the proceeds will support the mass commercialization of cognitive and humanoid robots, while expanding its AI-driven robotics platform.
The company added that it plans to develop a network for training robots in real-world environments.
