By Jiahui Huang
A robotics startup says it has completed a landmark fundraising round of up to $1.4 billion with backing from Nvidia and Qualcomm Technologies,coming as investors increasingly bet on so-called physical AI.
Metzingen, Germany-based Neura Robotics said Wednesday that the capital raise is the largest-ever by a full-stack robotics company. Amazon, Tether and Bosch also participated in the Series C round.
Neura plans to use the cash infusion to accelerate the deployment of its humanoid robots, aiming for multi-million-unit production by 2030.
The company develops hardware and software with the goal of building a platform where robots can share data and learn from one another, a physical AI ecosystems it has dubbed the "Neuraverse."
Founded in 2019 by Chief Executive David Reger, Neura believes the next phase of AI will move beyond chatbots and software into machines that operate in factories, warehouses, hospitals and homes.
"The future of AI will not only live on screens," Reger said in a statement. "It will move, interact, learn and work beside us in the real world."
Neura's fundraising comes as observers wonder if Europe can produce a robotics champion with a place in an increasingly competitive market dominated by firms from the U.S. and China.
With fresh funding from some of the world's largest technology and industrial companies, Neura is betting it can.
"Many believed globally relevant AI infrastructure companies could only emerge from Silicon Valley," Reger said "We believe the next generation of AI leaders can emerge anywhere in the world."
Write to Jiahui Huang at jiahui.huang@wsj.com
(END) Dow Jones Newswires
June 11, 2026 02:55 ET (06:55 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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