NEURA Robotics Funding News – Metzingen-Based Robotics Startup Raises €120M in a Series B funding round

BlueCrest Capital Management, Volvo Cars Tech Fund, InterAlpen Partners, Vsquared Ventures, HV Capital, Delta Electronics, C4 Ventures, L-Bank, and others participated in the round, which was led by Lingotto Investment Management.

David Reger, founder and CEO of NEURA Robotics: “Cognitive robotics is expected to become bigger than the smartphone. I am proud that NEURA is the first one to ship a commercially-viable cognitive robot and remains the only humanoid robotics company in Germany. This investment shows the confidence our investors have in my team and in pioneering advanced robotics in Europe.”

David Reger founded NEURA Robotics in 2019 with the goal of being a world leader in cognitive and humanoid robotics, building robots that can collaborate with people in fields including manufacturing, logistics, and healthcare.

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NEURA Robotics is in the forefront of developing market-ready humanoid robots and has the "world's first cognitive cobot" on the market thanks to its innovative sensor technology and AI integration.

Over the past year, the NEURA team has quadrupled its workforce to over 300 individuals and produced a tenfold increase in income. NEURA Robotics, led by creator and CEO David Reger, has already acquired an order book worth €1 billion.

Nikhil Srinivasan, Managing Partner of Lingotto Horizon: “We are proud to invest in NEURA Robotics and its visionary founder, David Reger. NEURA’s exceptional technological expertise and groundbreaking innovation are transforming both industrial and consumer robotics. With phenomenal AI capabilities, an extraordinary growth trajectory, and a billion-dollar order book, NEURA is on track to potentially becoming a multi-billion-dollar company and one of the most prominent robotics companies in the world.”

The new funding will assist the launch of new, industry-leading solutions and continued research and development, leveraging NEURA's unique Neuraverse platform.

An operating system for cognitive robots and a market for robotic skills are just two of the components that make up the Neuraverse ecosystem, which aims to speed up advancements in cognitive robotics.

About NEURA Robotics

NEURA Robotics is a high-tech company from Germany, started in 2019 in Metzingen, near Stuttgart. The company aims to change the world of robotics. Over 180 team members from more than 30 countries work on advanced technologies in areas like environmental sensing, drive and control systems, materials, mechanical design, and artificial intelligence.