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Sheikh Hamad bin Jassim Joins USD 1.2B Round for Germany’s Neura Robotics

Sheikh Hamad bin Jassim Joins USD 1.2B Round for Germany’s Neura Robotics
Image Source: Bloomberg News Website
  • Sheikh Hamad bin Jassim and Amazon join USD 1.2B funding for German AI robotics startup Neura Robotics.
  • The funding aims to accelerate development of humanoid robots for industrial and household automation tasks.
  • Neura Robotics competes with global firms advancing AI-powered bipedal robots in factories and logistics.

Neura Robotics

Sheikh Hamad bin Jassim Al Thani, former Qatari prime minister, has joined Amazon in funding Neura Robotics. The German startup raised roughly USD 1.2 billion, potentially valuing the Metzingen-based company at USD 4.62 billion (EUR 4B). The round also saw participation from Qualcomm Ventures, Tether, Robert Bosch GmbH, Schaeffler AG, and Roland Berger. 

The capital will support development of AI-powered humanoid robots designed for industrial and household tasks. Additionally, it aims to expand product offerings and scale humanoid robots for industrial and consumer applications.

Neura Robotics is developing bipedal robots capable of lifting heavy objects, sorting items, and automating repetitive work. The company is competing with firms worldwide racing to deploy AI in robotics for logistics and manufacturing.

Robotics

Sheikh Hamad joined via Prime Capital, his Luxembourg-based investment vehicle. He has a long track record investing globally. During his tenure at Qatar Investment Authority, he backed European firms including Glencore, Barclays, Harrods, and Credit Suisse.

Prime Capital is now managed by his son, Sheikh Mohammed bin Hamad bin Jassim Al Thani, overseeing global investments. The sheikh is known for significant stakes in real estate, equities, and private assets in Europe and beyond.

Neura Robotics CEO David Reger reported nearly USD 1 billion in orders last year, including clients Kawasaki Heavy Industries and Omron. The startup sells industrial transport robots and household robotic arms, with robots demonstrated at car factories and laundry sorting.

Investors see humanoid robots as the next wave of AI growth, alongside companies like Figure AI, Dexterity, and Apptronik. Analysts at Barclays project AI-powered robotics and autonomous machines could become a trillion-dollar market by 2035.

China’s robotics firms are also accelerating development. Mobile maker Honor recently revealed a humanoid performing remote-controlled gestures. Hangzhou-based Unitree showcased robots performing parkour and martial arts-style moves during China’s Spring Festival gala last year.

Neura Robotics previously raised USD 138.7 million (EUR 120M) in January 2025, led by Exor NV’s Lingotto Investment Management. Volvo Cars Tech Fund also participated.

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