Tether Looks to Jump Into Robotics With Reported $1B Investment in German Startup Neura
CoinDesk
Tether is reportedly in talks to lead a €1 billion funding round for German robotics startup Neura, potentially valuing the company up to €10 billion.Summary
Stablecoin issuer Tether is reportedly in discussions to lead a €1 billion ($1.16 billion) funding round for Neura Robotics, a German startup developing AI-powered humanoid robots. This potential deal, if finalized, would value Neura between €8 billion and €10 billion, a significant increase from its last funding round in January. Neura aims to produce 5 million robots by 2030 for industrial and eventually home use, having already secured €1 billion in orders. Tether, which profits from stablecoin reserves held in assets like U.S. Treasuries and gold, has been actively exploring investments in frontier technology, adding robotics to its diverse portfolio which already includes brain tech and agriculture.
(Source：CoinDesk)