LUTZ I ABEL Advises NEURA Robotis on a Series C Funding Round Worth Over 1.4 Billion USD

Munich/Metzingen — LUTZ I ABEL advi­sed NEURA Robo­tics GmbH on its Series C finan­cing round of up to 1.4 billion U.S. dollars. The funding round is inten­ded to acce­le­rate the deve­lo­p­ment of the worl­d’s leading physi­cal AI plat­form. The tran­sac­tion repres­ents one of the largest venture finan­cing rounds to date in the Euro­pean startup ecosystem.
Inter­na­tio­nal inves­tors from the tech­no­logy, semi­con­duc­tor, cloud infra­struc­ture, and indus­trial sectors parti­ci­pa­ted in the funding round, inclu­ding Tether, Qual­comm Tech­no­lo­gies, Inc., Amazon, NVIDIA, imec.xpand, Bosch, Schaeff­ler, the EIB, Lingotto, Giano Capi­tal, and Inter­Al­pen Partners. 

NEURA Robo­tics is a tech­no­logy company foun­ded in 2019 and head­quar­te­red in Metzin­gen. The company deve­lops cogni­tive robots and huma­noid robo­tic systems for indus­trial and other appli­ca­ti­ons. The company’s goal is to build a leading plat­form for “Physi­cal AI” that combi­nes robo­tics, arti­fi­cial intel­li­gence, sensor tech­no­logy, and soft­ware into an inte­gra­ted system architecture. 

NEURA is crea­ting a new cate­gory of AI infra­struc­ture in which cogni­tive robots conti­nuously learn, colla­bo­rate, and operate in real-world envi­ron­ments on a shared, intel­li­gent plat­form (Neur­averse). Unlike tradi­tio­nal robo­tics compa­nies, which rely on isola­ted machi­nes or limi­ted indus­trial auto­ma­tion, NEURA combi­nes robo­tics, AI, sensor tech­no­logy, edge compu­ting, and large-scale lear­ning infra­struc­ture into a unified plat­form archi­tec­ture that can be deployed worldwide. 

The funds are to be used in parti­cu­lar for the global roll­out of cogni­tive robots and huma­no­ids, the expan­sion of the Neur­averse plat­form, and the scaling of produc­tion capa­ci­ties. In addi­tion, NEURA Robo­tics plans to estab­lish a global network of so-called NEURA Gyms—large-scale trai­ning envi­ron­ments for coll­ec­ting motion and inter­ac­tion data under real-world conditions. 

Indus­try Trust: A Back­log of Over 1 Billion U.S. Dollars and a Global Part­ner Ecosystem

NEURA’s stra­te­gic part­ner­ships include leading indus­trial and AI compa­nies, such as Bosch, Schaeff­ler, Kawa­saki, Qual­comm Tech­no­lo­gies, Amazon, and NVIDIA, posi­tio­ning the company at the inter­sec­tion of robo­tics, indus­trial auto­ma­tion, and arti­fi­cial intel­li­gence. — The company’s current order back­log and stra­te­gic deploy­ment pipe­line exceed one billion U.S. dollars. As AI enters the physi­cal world, NEURA sees the next decisive compe­ti­tive advan­tage in combi­ning intel­li­gence with real-world inter­ac­tion, sensor tech­no­logy, and scalable infra­struc­ture. “In the future, people will no longer just ask what AI can tell them,” said David Reger, foun­der and CEO of NEURA Robo­tics. “They will ask what AI can physi­cally do.” 

About LUTZ | ABEL Rechts­an­walts PartG mbB 

The inter­di­sci­pli­nary team at LUTZ | ABEL, compri­sing experts from the areas of venture capital/M&A, finance, commer­cial law, IP, and regu­la­tory affairs, was led by Phil­ipp Hoene (lead coun­sel, VC/M&A, Munich) and included Constanze Hach­mann (VC/M&A, Hamburg), Roman Krug (VC/M&A, Munich), Dr. Sebas­tian Sumal­vico (Finance, Frank­furt am Main), Ute Schenn (Commer­cial, Stutt­gart), Dr. Corne­lius Renner (IP, Berlin), and Dr. Daniel Petzold (Anti­trust / FDI, Munich). — www.lutzabel.com

Other consul­tants (inclu­ding, among others):

• Tether: Skad­den, Arps, Slate, Meag­her & Flo; Lorenzo Corte (lead coun­sel, M&A, London), Dr. Matthias Schudlo (lead coun­sel), Dr. Xian­rui Wang, Chris­to­pher Schenk (all PE/M&A, Frank­furt am Main); In-house legal coun­sel: Sarah Kang, Sean Sawyer
• Qual­comm: DLA Piper; Simon Vogel (lead coun­sel), Maria Uhlig (both Corporate/Private Equity, Munich)
• Lingotto: Taylor Wessing; Maria Weiers, Lukas Beer­mann (both VC/M&A, Düsseldorf)
• NVIDIA: Orrick, Herring­ton & Sutcliffe; Dr. Johan­nes Rüberg (VC/M&A, Munich), Dr. Sven Greu­lich (VC/M&A, Düsseldorf)
• Prim­e­pulse / Vsquared: GvW Graf von West­pha­len; Titus Walek (VC/M&A, Frank­furt am Main)
• L‑Bank: PwC; Gerhard Wacker (Berlin/Nuremberg), Dr. Minkus Fischer (Stutt­gart), Stephan Söbbeke (Berlin) (all from Deals Legal), Dr. Georg Queis­ner (State Aid Law, Berlin)
• Schaeff­ler: Raue; Prof. Dr. Andreas Nelle, Dr. Aron Heidtke, Hinnerk Clau­sen, Dr. Nadine Hartung (all VC/M&A, Berlin)
• EIB: Noerr; Michael Schuh­ma­cher, Ana-Maria Mirceta (both Finance, Frank­furt am Main), Felix Blobel, Asina Roth (both PE/VC, Berlin)
• Notary: Dr. Jan-Chris­­toph Stephan (Reut­lin­gen)