Neura Robotics raises $120M to develop advanced 'cognitive' robots with enhanced senses and AI capabilities.
Neura Robotics, a German robotics company specializing in the development of advanced robots with sensory capabilities, has raised funding of $120 million. This investment will be utilized to accelerate the company’s efforts in developing “cognitive” robots with enhanced perception and information processing abilities.“Cognitive robotics is expected to become bigger than the smartphone,” said David Reger, founder and CEO of Neura Robotics.
Interestingly, the company created a massive buzz last year when it released a video of its 4NE-1 humanoid robot doing everyday chores, such as sorting stuff, moving packages, chopping vegetables, and even ironing what is most likely a t-shirt or a shirt.The 4NE-1, according to Neura’s website, is a humanoid robot capable of carrying out multiple daily and industrial chores. This robot is currently undergoing pilot testing, with the third generation expected to be released next year.
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