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Tether is in negotiations to lead a $1.2 billion new funding round for Neura, a humanoid robotics company.
BlockBeats News, November 15th, according to techinasia report, Tether is in negotiations for a lead investment in the German humanoid robot startup Neura Robotics in a round of 1 billion euros (approximately 1.2 billion dollars), a move that is expected to raise Neura's valuation to 8-10 billion euros (approximately 9.3-11.6 billion dollars).
Known for issuing the USDT stablecoin, Tether continues to expand its investment portfolio, having already invested in over 140 companies. The current fundraising by Neura aims to drive its humanoid robots to industrial customers and plan future entry into the consumer market. This German company just completed a 120 million euro (approximately 139 million dollars) funding round in January this year, with investors including Lingotto Fund, BlueCrest, C4 Ventures, and Volvo Cars Tech Fund.
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