Tether Joins €70 Million Funding Round for Humanoid Robotics
- Tether participated in a €70 million funding round for Italian startup Generative Bionics, alongside firms like AMD Ventures and RoboIT.
- Generative Bionics plans to complete industrial testing and build a production facility, targeting deployments by 2026.
- The investment reflects a surge in humanoid robotics funding, with the market projected to reach $5 trillion by 2050.
Tether’s investment in Generative Bionics marks its entry into the humanoid robotics sector, aiming to enhance global digital and physical infrastructure through advanced technologies like Physical AI.
This move aligns with Tether’s broader strategy of investing beyond its core stablecoin business, focusing on diverse technology sectors. (Source)
