NEURA Robotics secures €120M in Series B for its cognitive and humanoid robotics

German humanoid robotics company NEURA Robotics raised €120 million in a Series B funding round bringing its funding to over €185 million.

Founded in 2019, NEURA Robotics has quickly become a global leader in cognitive and humanoid robotics, creating robots designed to work seamlessly with humans in industries such as manufacturing, logistics, and healthcare. 

With its unique sensor technology and AI integration, NEURA Robotics has the world’s first cognitive cobot in the market.

In the last year alone the NEURA team doubled its number of employees to over 300 people and achieved a remarkable 10x revenue growth. NEURA Robotics has already secured an impressive €1 billion order book. 

According to 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.”

Lingotto Investment Management led the round, with participation from BlueCrest Capital Management, Volvo Cars Tech Fund, InterAlpen Partners, Vsquared Ventures, HV Capital, Delta Electronics, ​​C4 Ventures, L-Bank, founder David Reger, and others.

Nikhil Srinivasan, Managing Partner of Lingotto Horizon, shared:

 “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.”

Looking to the future, NEURA Robotics is not just focused on its own expansion but also on the sustainable long-term growth of the cognitive robotics category from the heart of Europe. The fresh capital will fuel further R&D, supporting the launch of new category-leading global products – all building on NEURA’s own Neuraverse platform.

Lead image: NEURA Robotics. Photo: uncredited.