Tether Invests in German Robotics Startup Neura Robotics

Stablecoin issuer Tether is exploring a major investment in German robotics startup Neura Robotics. According to reports by Odaily, the companies are currently in preliminary discussions for a funding round of $1.16 billion. Neura Robotics’ valuation, expected to range from $9.29 billion to $11.6 billion, would put them in a highly desirable position within the industry. Specializing in humanoid robot development, Neura Robotics targets industrial clients with its first product, and plans to expand into the consumer robotics market.