Neura raises €120m to propel cognitive and humanoid robotics
16 January 2025 
Neura Robotics, the cognitive robotics pioneer and Germany’s only humanoid robot manufacturer, has raised €120m in Series B funding, which it will use to will fuel further R&D, and support the launch of products built on its Neuraverse platform.
Neura, founded 2019 by CEO David Reger, claims to have a €1bn order book and to have achieved a 10x revenue growth. In the past year, Neura has doubled its number of employees to more than 300.
Neura is creating robots to work with humans in industries such as manufacturing, logistics and healthcare. With its “unique” sensor technology and AI integration, it says it has developed “the world’s first cognitive cobot” and is also working on market-ready humanoid robots.
Its Neuraverse platform is designed to accelerate innovation in cognitive robotics through elements including a dedicated operating system for cognitive robots and a marketplace for robotic skills. Its investors – which include Volvo and Delta Electronics – anticipate more growth and rapid development and innovation in the coming years.
Last year, Neura formed a strategic partnership with Omron Robotics and Safety Technologies with the aim of revolutionising manufacturing by introducing AI-based cognitive robots designed to enhance efficiency, flexibility and safety.
They have already unveiled a robot – the Omron intelligent Cognitive Robot (iCR) – that uses integrated sensors and AI technologies to address the needs of industrial users for flexibility, productivity, and efficiency. These robots offer optional integrated 3D vision sensors and Neura’s safety architecture for improved performance and safety.
“Cognitive robotics is expected to become bigger than the smartphone,” says Reger. “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.”
Neura Robotics says it 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.
“Neura’s exceptional technological expertise and groundbreaking innovation are transforming both industrial and consumer robotics,” argues Nikhil Srinivasan, managing partner of one of Neura’s investors, Lingotto Horizon. “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.”
