Lingotto Investment Management
Assembly Line
NEURA Robotics Secures €120 Million in Series B Funding to Propel Cognitive and Humanoid Robotics Vision
NEURA Robotics, cognitive robotics pioneer and the only humanoid robotics company in Germany, today announced it has raised €120 million in a Series B funding round. This substantial investment underscores NEURA Robotics’ key role in cognitive robotics, showing how it is uniquely positioned to lead the European robotics industry and become a major force in the global robotics landscape, alongside strong players in the US and China. The round was led by Lingotto Investment Management, with participation from BlueCrest Capital Management, Volvo Cars Tech Fund, InterAlpen Partners, Vsquared Ventures, HV Capital, Delta Electronics, C4 Ventures, L-Bank, founder David Reger, and others.
Founded in 2019, NEURA Robotics has quickly become a global leader in cognitive and humanoid robotics, creating robots designed to work seamlessly with humans in industries such as manufacturing, logistics, and healthcare. With its unique sensor technology and AI integration, NEURA Robotics has the world’s first cognitive cobot in the market and is now leading the way in the development of market-ready humanoid robots. In the last year alone the NEURA team doubled its number of employees to over 300 people and achieved a remarkable 10x revenue growth. Under the leadership of founder and CEO David Reger, NEURA Robotics has already secured an impressive €1 billion order book.
Tokamak Energy raises $125m to commercialize transformative fusion and magnet technologies
Tokamak Energy has raised $125 million to accelerate ambitious plans to commercialize fusion energy and grow its transformative high temperature superconducting (HTS) technology solution, TE Magnetics. The round was co-led by East X Ventures and Lingotto Investment Management with participation from new investors including Furukawa Electric Company, British Patient Capital, global maritime company BW Group and U.S.-based Sabanci Climate Ventures.
The investment from new strategic partners alongside existing shareholders is recognition of the world-class talent and expertise at Tokamak Energy, the only private fusion company with more than 10 years’ experience designing, building and operating tokamaks.
It brings the total raised since forming as a spin-out from UK Atomic Energy Authority in 2009 to $335m, comprising $275m from private investors and $60m funded from the UK and U.S. governments.
The investment round will support the rapid growth of TE Magnetics to address demand from the fusion energy market and open new fields of performance in other industries including science, mobility, renewable energy and security.