Overview
- Tether joined a €70 million funding round that will support industrial testing, a first production facility, and development of Physical and edge AI systems.
- The round was led by CDP Venture Capital’s Artificial Intelligence Fund with participation from AMD Ventures, Duferco, Eni Next, and RoboIT.
- Generative Bionics spun out of the Italian Institute of Technology, drawing on two decades of research, roughly 60 humanoid prototypes, and a team of about 70 engineers and AI scientists.
- The company targets early 2026 for initial industrial deployments across manufacturing, logistics, healthcare, and retail, with its first complete humanoid slated to appear at CES 2026 in Las Vegas.
- Tether frames the deal as part of a broader push into AI, robotics, and infrastructure following investments such as Blackrock Neurotech and a 20,000‑GPU compute network.