Tether Considers €1 Billion Investment in Neura Robotics
- Tether is in talks to lead a €1 billion ($1.16 billion) funding round for Neura Robotics.
- The potential deal could value Neura between €8 billion and €10 billion.
- Neura Robotics aims to produce up to 5 million humanoid robots by the year’s end.
- The company has already secured €1 billion in orders as of January.
- Tether reported over $10 billion in profit from its stablecoin operations within the first nine months of the year.
This investment reflects Tether’s strategy to diversify into emerging technologies, including robotics, which has gained significant interest from major firms like Tesla and Nvidia. The funding could significantly boost Neura’s valuation and production capabilities in the competitive robotics market.
If finalized, Tether’s investment would mark a substantial increase from Neura’s previous funding round where it raised €120 million earlier this year.(Source)
