Tether, the company behind the world’s most widely used stablecoin, is leading a massive Series C funding round for German robotics startup NEURA Robotics. The round aims to raise approximately €1 billion, roughly $1.2 billion, valuing NEURA at about €4 billion.

The deal and who’s at the table

NEURA Robotics develops cognitive and humanoid robots designed to perceive, reason, and operate autonomously using physical AI capabilities.

Tether isn’t alone in seeing the potential here. The investor roster includes Amazon, Qualcomm Ventures, Bosch, Schaeffler, and Sheikh Hamad bin Jassim bin Jaber al Thani, the former Prime Minister of Qatar.

The round follows a €120 million Series B that closed on January 15, 2025, led by Lingotto Investment Management. Earlier discussions in November 2025 had projected NEURA’s valuation somewhere between €8 billion and €10 billion. The €4 billion figure represents a significant haircut from those initial talks.

What NEURA is actually building

NEURA has set a target of producing 5 million robots by 2030. Backing up that ambition is a €1 billion order backlog of committed orders.

In April 2026, NEURA announced a strategic partnership with Amazon Web Services to enhance its Neuraverse platform. That platform serves as cloud infrastructure for AI training and fleet intelligence.

What this means for investors

NEURA’s €1 billion order backlog suggests actual commercial demand pulling these investments forward.

One risk worth watching: the gap between NEURA’s November 2025 valuation discussions at €8 to €10 billion and the final €4 billion figure. That kind of markdown during an active fundraise can indicate that investors extracted significant downside protections, liquidation preferences, or other structural terms that favor late-stage capital at the expense of earlier backers.