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Tether to lead $1.2b round for German AI robotics firm Neura
Tether is in talks to lead a €1 billion (US$1.2 billion) funding round for Neura Robotics, a German startup developing AI-powered humanoid robots.
The deal could value Neura at €8 billion (US$9.3 billion) to €10 billion (US$11.6 billion).
Tether, known for issuing the USDT stablecoin, is seeking to expand its portfolio and has backed over 140 companies.
Neura is seeking new funding as it prepares to sell its humanoid robots to industrial customers, with plans for home use later.
The company previously raised €120 million (US$139 million) in January from investors including Lingotto, BlueCrest, C4 Ventures, and Volvo Cars Tech Fund.
Neura is working with Morgan Stanley on its latest round.
🔗 Source: Financial Times
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