Funding round
NEURA Robotics Growth
Reported as "Growth Equity"
NEURA Robotics, which works in cognitive robot design and manufacturing in Metzingen, raised $55M in a Growth round announced on 19 Jul 2023, led by Lingotto. 4 firms took part. It is NEURA Robotics' first venture round on record.
$55M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
NEURA Robotics did not disclose a valuation in this round. It is NEURA Robotics' first venture round on record, 4 years after it was founded in 2019. It is 3.4% of the $1.59B NEURA Robotics has raised in the venture rounds on record. NEURA Robotics raised again 3 months later: a Series A round of $16M in Oct 2023. Its next priced round, a Series C in Jun 2026, valued it at $7.00B.
NEURA Robotics' funding rounds
NEURA Robotics has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Lingotto led the round with 3 other firms.
Lead investor
- Lingotto new investor
Also in the round
- backs 33 venture-backed companies new investor
- backs 3 venture-backed companies new investor
- HV Capital backs 124 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
12 Growth rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $31M, and this round was 1.8 times the median. The closest in time, other companies' Growth rounds in Industrial Machinery & Supplies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Industrial Machinery & Supplies | 1 Jun 2023 | $11M | not disclosed | TiLT Capital |
| Canaan Industrial Machinery & Supplies | 18 Apr 2023 | $850M | not disclosed | not named |
| Industrial Machinery & Supplies | 17 Apr 2023 | $384M | not disclosed | AEA Investors |
| Industrial Machinery & Supplies | 6 Apr 2023 | undisclosed | not disclosed | not named |
| Industrial Machinery & Supplies | 4 Dec 2023 | undisclosed | not disclosed | not named |
| Industrial Machinery & Supplies | 23 Jan 2024 | $400M | not disclosed | Koch Equity Development |
| Industrial Machinery & Supplies | 19 Feb 2024 | $25M | not disclosed | Plural and Hummingbird VC |
| Industrial Machinery & Supplies | 6 Feb 2024 | $11M | not disclosed | Circular Innovation Fund |
Sources
Where this comes from
Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did NEURA Robotics raise in its Growth round?
NEURA Robotics raised $55M in its Growth round, announced in Jul 2023.
Who led NEURA Robotics' Growth round?
Lingotto led it, with Vsquared, PRIMEPULSE and HV Capital.
What was NEURA Robotics' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Industrial Machinery & Supplies?
12 Growth rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $31M, and this round was 1.8 times the median.
Did NEURA Robotics raise again after this round?
Yes: a Series A round in Oct 2023 of $16M.