Robotics Company Developing Cognitive Robots Secures Up to $1.4 Billion From Top Companies

German robotics startup Neura Robotics has secured up to $1.4 billion in fresh funding from a group of high-profile investors that includes Nvidia, Amazon, Qualcomm, Bosch, Schaeffler, and crypto giant Tether, marking one of the largest funding rounds ever completed by a European artificial intelligence financing values the company at roughly $7 billion and shows growing investor enthusiasm for humanoid robots and so-called "physical AI," a rapidly expanding sector focused on bringing artificial intelligence into machines that can operate in the physical in 2019 and headquartered in Metzingen, Germany, Neura Robotics develops cognitive robots capable of seeing, hearing, sensing, and learning from their environments. The company is positioning itself as a European challenger to robotics leaders in the United States and China, including Tesla and Chinese robot maker Executive Officer David Reger said the latest investment will help accelerate the company's efforts to build a complete European robotics and AI ecosystem. "This is the last chance for Europe to actually ever produce again in the world," Reger told the Financial Times, arguing that ownership of both the AI and robotics technology stack will be critical for the region's future plans to use the capital to expand production capacity and further develop its "Neuraverse" platform, a software ecosystem designed to allow robots to share knowledge, train on simulated tasks, and improve performance through collective learning. The company also intends to invest heavily in digital training environments where robots can learn tasks from human operators wearing motion-capture said it already has more than $1 billion in orders and strategic development projects in its pipeline. It aims to increase production from approximately 6,000 humanoid robots this year to tens of thousands next year, with an ambitious long-term goal of producing millions of robotic systems by investment also highlights growing ties between major technology companies and robotics firms. NVIDIA has become one of the most influential players in AI infrastructure through its graphics processors, while Amazon has been exploring robotics applications for warehouse automation and fulfillment this year, Amazon Web Services announced a strategic collaboration with Neura and said it would explore opportunities to deploy the company's robotics technologies in selected fulfillment centers. Neura has also strengthened partnerships with Qualcomm, which is providing processors and AI technologies for next-generation robotics two companies announced a long-term collaboration in March focused on advancing physical AI and cognitive robotics platforms. Industry analysts view humanoid robots as one of the next major frontiers for AI commercialization. Consultancy estimates cited by the Financial Times project the global humanoid robotics market could reach $28 billion by 2030 as businesses increasingly seek automation solutions for manufacturing, logistics and service industries.