Tether
has disclosed participation in a funding round worth about €70 million, around $81 million, for Generative Bionics, a robotics spin-off of the Italian Institute of Technology.
According to a press release on December 8, Generative Bionics was founded after approximately 20 years of robotics research. The company has exclusive access to essential technologies created at the institute.
Its team consists of around 70 engineers and artificial intelligence (AI) specialists, with a collective total of over 600 years’ experience in robotics and physical AI.
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The startup will use the investment to accelerate the development of “Physical AI” and edge AI systems, validate its humanoid technology in practical industrial settings, build its first production center, and connect its robots to broader networks.
Projects in industries such as manufacturing, logistics, healthcare, and retail are expected to launch in early 2026.
CDP Venture Capital’s AI fund led the financing round, with support from Tether, AMD Ventures, Duferco, Eni Next, and RoboIT.
Paolo Ardoino, the chief executive of Tether, noted that their goal is to develop humanoid robots that expand people’s physical and mental abilities. The company estimates that the global humanoid robotics industry could reach €200 billion (about $232 billion) by 2035.
According to the company, earlier robots had limited problem-solving skills and could not adapt to unpredictable environments such as variable lighting and human movement.
Physical AI is described as the next advancement in creating robots that can operate alongside people in real-world settings.
Meanwhile, Cocoon, a decentralized AI platform on TON, rewards GPU providers with TON tokens for powering secure, private AI computations. How does it work? Read the full story.
