NEURA Robotics: Company Profile

Founding

NEURA was founded on 26 March 2019 by David Reger, an Austrian engineer who had previously built robotics at the Swiss machine-tool firm Mabi. The origin is more interesting than most: the company was incorporated as Han's Robot Germany GmbH, the German arm of a Chinese collaborative-robot manufacturer, and only rebranded as NEURA Robotics in November 2020 once Reger had taken it independent. A European champion that began life as a Chinese subsidiary is not the founding story the sector usually tells.

Reger coined the phrase “cognitive robotics” for what he was after: machines with enough onboard sensing — vision, voice, touch — to work next to people without being caged, rather than arms that repeat a taught path behind a fence.

Country and Headquarters

NEURA is a German company, headquartered in Metzingen, Baden-Württemberg — in the middle of Germany's automotive supplier belt rather than near a research university, which is consistent with how it has grown. It added a development site in Zurich's Seefeld district in December 2025.

Leadership

David Reger is founder and CEO. The two hires that say most about the company's ambitions both came from Bosch: Dr. Oliver Wolst as CTO, a physicist with a background in sensor development, semiconductors and automotive electronics, and Jens Fabrowsky as COO, who spent over 23 years at Bosch including more than a decade running automotive electronics.

Neither is a roboticist by training. Both are volume-manufacturing people from the German car-parts industry, which is a fair summary of what NEURA thinks its hard problem is.

Company Size and Funding

Headcount has grown faster than almost anything else in this sector: roughly 723 people in 2023, over 1,100 by late 2025, and around 1,682 by March 2026 — from more than 45 countries. For comparison, Figure AI runs on about 600.

• Series A, 2021 — $86 million.
• Follow-on, July 2023 — $55 million, for R&D and manufacturing.
• Series B, January 2025 — €120 million.
• Series C, June 2026 — up to $1.4 billion, which NEURA calls the largest round ever raised by a full-stack robotics company. Led by stablecoin issuer Tether, with Qualcomm, Amazon, NVIDIA, Bosch, Schaeffler, imec.xpand, Lingotto Horizon, InterAlpen Partners and the European Investment Bank.

Two caveats belong with that headline figure, and they are usually dropped. First, “up to” is doing real work: part of the round is contingent on milestones, so it is a ceiling rather than a sum in the bank. Second, the valuation widely quoted at $7 billion is press reporting — other outlets put it nearer €4 billion, and NEURA's own announcement states no valuation at all.

The presence of the European Investment Bank alongside Bosch and Schaeffler is the part worth noticing. This is not only a venture round; it is European industrial policy taking a position, in a field where the running is otherwise being made in California and Hangzhou.

Development Directions and Products

NEURA is not a humanoid startup that grew a product line. It is a robotics manufacturer with a catalogue, which added a humanoid to it — the opposite path to Figure or 1X, and the reason its revenue does not depend on 4NE-1 succeeding:

• LARA (November 2020) — a lightweight collaborative arm for manufacturing, healthcare and logistics.
• MAiRA (2021) — the “cognitive” cobot, with integrated 3D vision and voice recognition for recognising and grasping objects it was not taught.
• MAV — a multi-sensing autonomous vehicle for intralogistics.
• MiPA — a household and service assistant, launched at Automatica 2025.
• 4NE-1, pronounced “for anyone” — shown as a concept in 2022, a working prototype in mid-2024, and a third generation at Automatica 2025. Roughly 180 cm and 80 kg. It is wrapped in a sensing synthetic skin that registers contact, which is NEURA's answer to working beside people: detect the touch, rather than plan a path that avoids it.
• 4NE-1 Mini and a quadruped, both introduced at CES 2026.

Published specifications for 4NE-1 vary considerably between aggregator sites — degrees of freedom quoted anywhere from 25 to 55, lift figures from 15 kg to 100 kg, price between €60,000 and €98,000. NEURA has not published a final commercial specification or price, so treat any single number, including the widely repeated €98,000, as provisional.

Neuraverse: an app store for robots

The strategic bet is not the hardware. Neuraverse, launched at Automatica 2025 and hosted on AWS, is a platform where different robot types share learned skills and receive applications and updates — an app store for robots. Where Figure builds Helix in-house and runs it only on Figure hardware, NEURA is trying to be the layer other people's robots plug into.

That platform logic runs through its partnerships too, which read like a European industrial consortium rather than a startup's logo wall: Kawasaki Robotics ships cobots powered by NEURA's platform, Schaeffler co-develops actuators with a deployment of a “mid-four-digit number” of units targeted by 2035, Bosch supplies production-floor data for AI training, and NVIDIA, Qualcomm, SAP and the Technical University of Munich each hold a piece. Few of these companies would hand their floor data to an American startup.

Markets and Customers

NEURA sells into manufacturing, logistics, healthcare and — via MiPA — domestic service, across a product range where the cobots are already revenue and the humanoid is not yet. The company reports an order book it describes as multi-billion euro, widely reported at around €1 billion for 4NE-1 specifically, with large-scale shipments beginning late in 2026. Reger has stated a target of manufacturing five million robots by 2030.

That last number is the one to hold lightly. NEURA's credibility over the next eighteen months rests on a single measurable thing: how many of those booked orders turn into delivered, working robots. It is the same test facing every company in this field, and a €1 billion order book announced before shipping is a promise rather than a result. What NEURA does have, and its American rivals do not, is a decade of industrial customers already buying its arms — and Bosch, Schaeffler and the European Investment Bank on the cap table with reasons beyond financial return to want it to work.