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Tether may lead a $1.2 billion financing round for a German Bots startup.
Golden Finance reports that Tether, the issuer of stablecoins, is considering leading a $1.16 billion financing round for German tech startup Neura Robotics and continues to explore new investment opportunities. According to informed sources, both parties have initiated preliminary discussions, and this round of financing 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 achieve portfolio diversification.