German robotics powerhouse NEURA Robotics has just made waves in the tech industry by securing a whopping €120 million in its recent Series B funding round. This significant investment not only catapults NEURA Robotics’ financial backing to over €185 million but also solidifies its position as a frontrunner in cognitive and humanoid robotics.
### A Leader in Innovation
Established back in 2019, NEURA Robotics has swiftly risen through the ranks to establish itself as a global authority in the field of cognitive and humanoid robotics. Their cutting-edge robots are not only redefining how industries such as manufacturing, logistics, and healthcare operate but are also setting new standards for human-robot interactions.
### The Rise of NEURA Robotics
With innovative sensor technology seamlessly integrated with artificial intelligence, NEURA Robotics proudly boasts the world’s first commercially available cognitive cobot. Over the past year, their team has expanded exponentially, now comprising over 300 dedicated individuals who have worked tirelessly to achieve an outstanding tenfold increase in revenue.
### Visionary Leadership
David Reger, the visionary founder and CEO of NEURA Robotics, envisions a future where cognitive robotics will surpass even the ubiquitous smartphone. He expresses his pride in leading NEURA as they pioneer advanced robotics on European soil. The recent infusion of capital signifies not only investors’ confidence in his team but also underscores Germany’s unique position as home to the sole humanoid robotics company within its borders.
David Reger shares:
“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.”
### Strategic Investments
The Series B funding round was spearheaded by Lingotto Investment Management alongside prominent participants like BlueCrest Capital Management, Volvo Cars Tech Fund, InterAlpen Partners, Vsquared Ventures, HV Capital, Delta Electronics, C4 Ventures,L-Bank,in addition to founder David Reger himself—further attesting to NEURA’s promising trajectory.
Nikhil Srinivasan comments:
“With phenomenal AI capabilities…NEURA is on track…to becoming one of the most prominent robotics companies globally.”
### A Glimpse into Tomorrow
Looking ahead,N whether it’s further advancements fueling research and development or unveiling groundbreaking global products,N NEURANis geared upNfor an exciting journeyNthat promisesNnot just growthNbut sustainabilityNin shapingNthe futureNof cognitiveNRobotics.
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