Tether Invests in Humanoid “Physical AI” Robots Aimed at Dangerous Industrial Jobs

Tether has joined a €70 million (AU$123 million) investment round for Generative Bionics, a spinoff from Italy’s Institute of Technology focused on humanoid robots for industrial applications. These “Physical AI” robots are designed to carry out hazardous and repetitive tasks in environments intended for humans, such as lifting, hauling, and other physically demanding jobs that conventional robotic arms cannot easily replicate.

The startup builds on more than 20 years of research at the Italian Institute of Technology (IIT), where over 60 humanoid prototypes were created and tested. Around 70 engineers and AI scientists from the institute now form the core team, bringing over 600 years of combined experience in robotics, AI, and industrial systems. Generative Bionics also benefits from exclusive access to technologies developed at the institute and through corporate collaborations.

Tether’s funding will help Generative Bionics complete industrial trials, construct its first production facility, and deploy humanoid robots in sectors such as manufacturing, logistics, healthcare, and retail. Early deployments are scheduled for 2026, with robots designed to improve operational efficiency, workplace safety, and productivity.

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The Future of Physical AI

Paolo Ardoino, Tether CEO, said the investment reflects the company’s focus on strengthening global digital and physical infrastructure while expanding human capabilities. He emphasised that humanoid robotics and Physical AI are critical steps in applying intelligent systems to real-world challenges. 

Generative Bionics is building one of the most advanced platforms emerging from Europe, and we are proud to support a team that is transforming Italy’s scientific leadership into global industrial impact.

Paolo Ardoino, CEO, Tether

Tether’s entry into humanoid robotics complements its broader portfolio of technology investments, which includes AI initiatives, Bitcoin mining, and brain-computer interfaces. Industry analysts forecast that the global humanoid robotics market could exceed €5 trillion (AU$8.8 trillion) by 2050, indicating significant growth potential for Generative Bionics’ Physical AI platforms.

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