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Euro 50 million for Neura Robotics from Lingotto, Vsquared, Primepulse and HV Capital

Photo: With the help of an inte­gra­ted 360° micro­phone array and AI, MAiRA (by NEURA) can under­stand your commands to further enhance the user expe­ri­ence (© Neura Robotics)
25. July 2023

Metzin­gen — Neura Robo­tics GmbH has raised EUR 50 million in fresh capi­tal in a finan­cing round. The Euro­pean inves­tor consor­tium is compo­sed of Lingotto (invest­ment arm of Italy’s Agnelli family), Vsquared Ventures, Prim­e­pulse and HV Capi­tal. LUTZ | ABEL compre­hen­si­vely advi­sed the emer­ging deept­ech robo­tics startup on the complex finan­cing round.

The Baden-Würt­­te­m­­berg tech­no­logy startup Neura Robo­tics GmbH stands out in parti­cu­lar for merging AI and robo­tics. In this way, robots reco­gnize their envi­ron­ment and can act auto­no­mously. They see, hear and have a sense of touch. Thus, through the use of AI, smart sensors and soft­ware systems, the cogni­tive robots are able to inter­act and learn with the envi­ron­ment. This opens up nume­rous comple­tely new, compre­hen­sive fields of appli­ca­tion outside of tradi­tio­nal industry.

The company was one of the first to bring AI to commer­cial robo­tics solu­ti­ons. It defi­nes a new market segment called “cogni­tive robo­tics,” which aims to simplify human-robot inter­ac­tion without programming. The concept is for the robot to under­stand voice commands and learn by observing.

The company has a wide range of colla­bo­ra­tive robots and mobile robo­tics solu­ti­ons. The MAiRa and LARA cobots offer a range of payload and range confi­gu­ra­ti­ons. The MAV and MiPA mobile robo­tics solu­ti­ons provide AMR-like mobi­lity and a mobile mani­pu­la­tor solution.

Robots built on the Neura Robo­tics plat­form can see, hear and feel. In combi­na­tion with refle­xive proces­sing of sensory infor­ma­tion, these abili­ties are essen­tial for auto­no­mous and anti­ci­pa­tory action. The company expects these robots to help solve the problem of the gene­ral shortage of skil­led workers over the next decade.

The foun­der and CEO of NEURA, David Reger, has built up the company toge­ther with a team of AI and robo­tics specia­lists after foun­ding it in Metzin­gen in 2019 and has now been able to win over the inter­na­tio­nal inves­tor consor­tium for the impres­sive finan­cing round. The capi­tal increase will enable the company to streng­then its inno­va­tive edge. There are plans to invest in the deve­lo­p­ment of the company’s own produc­tion infra­struc­ture in order to accom­mo­date the growing volume of orders (alre­ady in excess of EUR 400 million, accor­ding to the company). In addi­tion, expan­sion into Japan and the USA is being driven forward.

Advi­sor Neura Robo­tics GmbH: LUTZ | ABEL Rechts­an­walts PartG mbB

Phil­ipp Hoene (lead), Dr. Bern­hard Noreisch LL.M. (both Part­ner Venture Capi­tal / M&A), Ute Schenn (Part­ner Commer­cial), Corne­lius Renner (Part­ner IP)

Sonn­tag & Part­ner for tax consul­ting Dr. Johan­nes Zausig (Part­ner, Tax Consultant)

Advi­sor to inves­tors (Vsquared, Lingotto and Prim­e­pulse): GvW Graf von Westphalen
Titus Walek (Part­ner), Jan Hüni­ken (Asso­ciate Part­ner), both Venture Capi­tal / M&A); Dr. Joachim Mulch (Part­ner, IP/Commercial), Kars­ten Kujath (Part­ner, Labor Law), Dr. Frank Tsche­sche (Part­ner, Tax)

For IP: Patent Attor­ney Matthias Seyboth in coope­ra­tion with Elliot Papa­ge­or­giou (Part­ner — China IP), Vivian Desmonts (Part­ner — China Corpo­rate), Gowling WLG

Consul­tant Foun­der: Diss­mann Orth
Dr. Chris­tian Brehm (Attor­ney at Law, Tax Consul­tant), Dr. Armin Hergeth (Attor­ney at Law, Tax Consultant)

About LUTZ | ABEL

With around 100 lawy­ers and offices in Munich, Hamburg, Stutt­gart and Berlin, the commer­cial law firm LUTZ | ABEL provi­des advice on all aspects of commer­cial law.

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