Derived from HashNews, Tether is in talks to invest approximately 1 billion euros in Neura Robotics, a humanoid robot manufacturer, in a funding deal that could value the company between 9.29 billion and 11.6 billion dollars. Tether, which reported over 10 billion dollars in profits in the first three quarters of this year, is seeking to diversify its investment portfolio. Neura, a German firm, previously raised nearly 140 million dollars in a funding round led by BlueCrest, C4 Ventures, Lingotto, and the Volvo Cars Tech Fund. The company aims to compete with Tesla, which is planning mass production of robots.
Tether to Invest 1 Billion Euros in Neura Robotics
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