Tether Investments has invested in Generative Bionics, the largest spinoff in the history of IIT (the Italian Institute of Technology) and one of the largest research spinoffs in Europe, to support the development of a new generation of intelligent humanoid robots built for industrial scale performance, human-centric interaction and advanced artificial intelligence.
This investment is made alongside other leading investors as a part of a €70 million funding round and reflects Tether’s strategy to expand its footprint and investments into technologies that strengthen global digital and physical infrastructure and augment human potential.
Generative Bionics leverages two decades of robotics research conducted at the Italian Institute of Technology, where more than 60 advanced humanoid robot prototypes have been designed, tested and refined successfully and provided as testing platforms to robotics research centers worldwide. [Read more…] about IIT’s largest-ever spinoff Generative Bionics raises €70 million with support from Tether Investments