Tether invests in €70 million funding round for Italian humanoid robot company Generative Bionic.
TL;DR
Tether, AMD Ventures, and Italian state-backed AI fund invest €70 million in Generative Bionics, a humanoid robot company. The robots use embodied AI for industrial tasks, with deployments starting in 2026.
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PANews reported on December 9th that, according to The Block, stablecoin issuer Tether, along with AMD Ventures, an Italian state-backed AI fund, and other investors, participated in a €70 million (approximately $81.48 million) funding round for Generative Bionics, a newly spun-off company from the Italian Institute of Technology. The one-year-old company is developing new types of industrial humanoid robots with "embodied AI," designed to work in environments designed for humans, capable of handling, towing, and repetitive tasks that traditional robotic arms struggle to perform. CEO Paolo Ardoino stated that this investment is part of his vision to support "digital and physical infrastructure," projects that expand the company's business beyond stablecoins and reduce its "dependence" on increasingly centralized systems regulated by large tech companies. Generative Bionics stated that its first industrial deployments are scheduled to begin in early 2026, targeting industries including manufacturing, logistics, healthcare, and retail.