Tether is in talks to lead a $1.2 billion new funding round for humanoid robot company Neura.
ChainCatcher news, according to market sources, Tether is in negotiations to lead a €1 billion (approximately $1.2 billion) funding round for German humanoid robotics startup Neura Robotics. This move could push Neura's valuation to between €8 billion and €10 billion (about $9.3 billion to $11.6 billion). Known for issuing the USDT stablecoin, Tether continues to expand its investment portfolio and has now invested in more than 140 companies.
This fundraising round by Neura aims to drive the delivery of its humanoid robots to industrial clients and plans to enter the home market in the future. The German company just completed a €120 million (about $139 million) financing round in January this year, with investors including the Lingotto Fund, BlueCrest, C4 Ventures, and Volvo Cars Tech Fund.
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