Tether may lead the financing of a German robotics startup

The issuer of stablecoins, Tether, is considering leading a financing round for the German tech startup Neura Robotics and continues to explore new investment opportunities. According to informed sources, the two parties have initiated preliminary discussions, and this financing round is expected to value Neura Robotics between $9.29 billion and $11.6 billion.

Neura Robotics focuses on the development of humanoid robots, with its first product primarily aimed at industrial clients, and plans to gradually expand into the home robotics sector. This stablecoin issuer has generated over $10 billion in profit in the first three quarters of this year and is seeking to diversify its investment portfolio.