NEURA Robotics, a Metzingen, Germany-based AI and robotics startup, has raised $16 million in funding.
SaaS Investors
The round was led by private equity firm InterAlpen Partners.
Founded in 2013, InterAlpen Partners is a private equity firm based in Omaha, Nebraska. The firm seeks to invest in growth and expansion-stage companies operating in the technology and healthcare sectors. The firm prefers companies that help to create environmental, social, and corporate governance impacts.
NEURA Robotics Use of Funds
The company plans to use the funds to support its expansion into the U.S. market, accelerate research and development, enhance its products, grow its team, and increase its market reach.
About NEURA Robotics
Founded in 2019, NEURA Robotics is a German company that developed collaborative robots (cobots) with advanced sensory capabilities to collaborate with humans in various industries, including manufacturing, hospitality, and elder care. The company recently unveiled MAiRA, a cognitive cobot that combines AI and robotics for autonomous operation and interaction with humans. The company’s mission is to expand the skill set of collaborative robots with cognitive capabilities so that they can work with humans in existing environments without having to invest in complex and costly safety systems.
NEURA’s product line of cobots includes MAiRA and MAiRA Jr., intelligent assistants for manufacturing and laboratories; MAV, an autonomous vehicle for indoor navigation; LARA, a versatile robotic assistant blending industrial performance with intuitive user experience; and MiPA, a multi-purpose assistant equipped with industry-leading sensors and AI for safe human interaction and task automation.
Funding Details
Company: EURA Robotics GmbH
Raised: $16.0M
Round: Unknown
Funding Month: October 2023
Lead Investors: InterAlpen Partners
Additional Investors:
Company Website: https://neura-robotics.com/
Software Category: Robotic Assistant
Source: https://siliconcanals.com/crowdfunding/neura-robotics-raises-15-1m/