Cognitive Robotics: Paving the Path to a New Era of Robotics

Berlin, 19th July 2023 – GP Bullhound served as the financial advisor to Neura Robotics, a trailblazer in cognitive robotics, during its funding round. The round, which secured €50 million, is set to accelerate the company’s global expansion.

NEURA Robotics GmbH, a leader in AI and Robotics, has successfully finalized a funding round, amassing €50 million in capital. The round saw participation from a consortium of European investors, including Vsquared, Primepulse, Lingotto (EXOR), and HV Capital.

The funding will catalyze NEURA Robotics’ expansion into the U.S. and Japan, fortify its innovation capabilities, and augment production infrastructure in Germany. With an order book surpassing €400 million, NEURA Robotics persistently sets new benchmarks in the AI and robotics industry.

NEURA Robotics is a vanguard in unifying AI and robotics, enabling robots to perceive their environment and operate autonomously. Within just three years, the company has ascended to the global leadership position in cognitive robotics. The new funding will bolster NEURA’s competitive advantage, spur innovation, and fulfill the escalating demand for its multifaceted high-tech solutions.

Under the stewardship of founder and CEO David Reger, NEURA Robotics aspires to revolutionize humanoid robotics by designing a cognitive one-device robotic platform. The company’s cognitive robots boast advanced capabilities, including perception, autonomy, and learning from experience.

David Reger, founder and CEO of NEURA, stated: “Expressing our heartfelt gratitude to the consortium for their financial and strategic backing, we acknowledge their pivotal role in enhancing NEURA’s presence on the European tech landscape. Throughout the transaction, GP Bullhound provided invaluable guidance, standing by us as trusted advisors.”

Simon Miremadi from GP Bullhound stated, “We are delighted to have advised NEURA Robotics on this funding round and to witness their remarkable achievements and continued success in the swiftly advancing field of cognitive robotics. We are confident that with this significant investment, NEURA Robotics is well-positioned to make even greater strides and continue to shape the robotics landscape.”

With this investment, NEURA Robotics is aptly poised to steer the future of robotics and revolutionize industries with its cognitive robotic solutions.

Enquiries
For enquiries, please contact:
Julian Riedlbauer, Partner, at julian.riedlbauer@gpbullhound.com
Simon Miremadi, Director at simon.miremadi@gpbullbound.com

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 14 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.