PANews
PANews|Dec 08, 2025 23:13
[Tether Participates in €70 Million Funding for Italian Humanoid Robotics Company Generative Bionics] According to The Block, stablecoin issuer Tether, along with AMD Ventures, the Italian government-backed AI fund, and other investors, participated in a €70 million (approximately $81.48 million) funding round for Generative Bionics, a newly established spin-off from the Italian Institute of Technology. This one-year-old company is developing a new type of industrial humanoid robot with 'embodied artificial intelligence.' These robots are designed to operate in environments built for humans, capable of performing tasks such as carrying, hauling, and repetitive actions that traditional robotic arms struggle to execute efficiently. CEO Paolo Ardoino stated that this investment is part of what he described as a shift toward supporting 'digital and physical infrastructure,' expanding the company’s business scope beyond stablecoins and reducing reliance on increasingly centralized systems under the regulation of major tech companies. Generative Bionics announced that its first industrial deployments are planned for early 2026, targeting industries such as manufacturing, logistics, healthcare, and retail.
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