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🟠 Germany fights back against China

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Neura Robotics: Born in Shenzhen, betting on Germany

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Neura Robotics: Born in Shenzhen, betting on Germany

Metzingen, a quiet small town near Stuttgart, could produce Germany's next champion. Because David Reger is building humanoid robots here. On June 10, his company Neura Robotics raised up to $1.4 billion, one of the largest robotics rounds ever.

  • The funders read like a who's who of the tech world: Nvidia, Amazon, Qualcomm, Bosch, Schaeffler, and stablecoin giant Tether as lead investor.

The real twist: Neura's story began in China

In 2017, Reger built a robotics company in Shenzhen together with Chinese industrial group Han's Laser, Han's Robot. In 2019, he moved the business to Germany, in 2020 it became Neura Robotics. Production also initially ran in China.

Only in 2024 did Reger move it completely to Metzingen.

What's being built in Metzingen

Neura's flagship is the 4NE-1, a humanoid robot that should lend a hand in the household and in the factory. The company also builds the service robot MiPA and the cobot MAiRA, which recognizes its surroundings with 3D cameras.

Reger showed the first prototype of the 4NE-1 in 2024, at CES in January 2026 then a smaller version. Series production is to start at the end of 2026. By 2030, Reger wants to build millions of robots per year.

The expensive race

Neura is just one player in a race where enormous sums are flowing right now. In the US, investors are pouring billions into Tesla's Optimus and the startup Figure. In China, Unitree, AgiBot, and UBTech delivered over a thousand humanoids each in 2025 and are pushing prices down.

In 2026 alone, more than $18 billion flowed into humanoid companies, while the leading providers recently combined made only around $340 million in revenue.

So the money comes years before the robots.

And in the end, back to China

In November 2025, Neura opened its own location in Hangzhou, the country's first "NeuraGym," where robots practice real tasks and collect training data in the process. This was followed by a partnership with Alibaba Cloud. Reger brought the factories to Germany, but for data, partners, and speed, he goes back to China.

Even Germany's great hope can't get around the world's largest robotics market.

FROM THE TEAM

No country wins this race alone.

Germany has the engineering expertise and the industry, China has the speed, the supply chains, and the market. That's exactly the bridge we're working on at Asiabits.

Right now we're supporting a German hygiene company here on the ground in China to find robots and partners that don't exist in Europe like this.

Want to find local partners too or just get your own picture? Feel free to reach out to us!

OUR CONTENT PARTNER: LIMEN CHINA

China prioritizes its future industries

The 15th Five-Year Plan shows which technologies Beijing is now scaling, where China is betting long-term, and why Western companies should strategically understand this planning logic.

For German and European companies, it's about concrete questions of strategic positioning.

  • In which fields is the next subsidized competitor emerging in China?

  • Where is there still a near-term window of opportunity for cooperation, licensing, or market entry?

  • Which technologies fall under dual-use and export control logic?

Limen China's new China Board Briefing analyzes how China defines, demarcates, and controls its future industries. (German)

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CHART OF THE WEEK 

5 STORIES YOU MISSED LAST WEEK 

šŸ‡®šŸ‡· Iran Deal Done, Asia's Oil Bill Drops: The war is over, and Asia gets cheaper oil. Trump declared the US-Iran deal complete, authorized a toll-free reopening of the Strait of Hormuz and lifted the naval blockade, with the signing set for Friday in Switzerland. Crude tumbled at once, US futures down almost 5 percent to about $81 and Brent near $84. Roughly 20 percent of the world's oil moves through Hormuz, and traffic had collapsed since March under Iranian attacks. For Asia's big importers the timing is gold: on the deal hopes, Tokyo's Nikkei jumped almost 3 percent and Seoul's KOSPI over 4. The region's energy bill just shrank overnight.

šŸ‡ØšŸ‡³ China's Chip Champions Rush the Exits: China is funneling cash into its chip champions through a wave of mega-listings. Regulators cleared ChangXin Memory, the country's top DRAM maker and fourth-largest globally, to raise about 29.5 billion yuan ($4.4 billion), the biggest STAR Market IPO ever. It turned profitable in 2025 and sees first-half 2026 revenue up more than 600 percent. Days earlier, Nvidia challenger MetaX, a Shanghai GPU designer run partly by ex-AMD engineers, filed for a Hong Kong listing to fund next-generation chips. Both feed Beijing's drive for homegrown alternatives.

šŸ‡ØšŸ‡³ Pentagon Brands BYD, Alibaba and Baidu Military: Washington just put a target on China's corporate champions. The Pentagon added BYD, Alibaba and Baidu to its list of Chinese military companies. That bars them from US defense contracts and warns off American business partners. Beijing erupted, saying the move ignored the consensus Xi Jinping and Trump reached at their Beijing summit last month and abused state power against private companies. None of the three is state-owned, which is exactly why the listing stings: it signals that any Chinese tech leader, however commercial, can be branded a security risk. The post-summit thaw is already cracking.

šŸ‡ÆšŸ‡µ China's Tungsten Squeeze Hits Japan's Chips: China's grip on critical minerals is squeezing Japan's chip industry. After Beijing tightened tungsten export controls, the price of tungsten hexafluoride, a gas essential for etching advanced AI chips, has soared more than 200 percent in a year. Two big Japanese suppliers, Showa Denko Kanto and Central Glass, may suspend production in July as inventories run dry, and Japan's tungsten imports from China fell 50 percent in April. Tokyo is scrambling for alternatives, preparing to send a delegation to Greenland this summer to scout rare earth extraction.

šŸ‡ØšŸ‡³ Jack Ma's Ant Rebuilds Alipay Around AI: Ant Group is tearing up Alipay, putting an AI agent at the center of the billion-user app in its sharpest move yet against Tencent's WeChat. The new assistant, called Ah Bao, lets users book a ride, order coffee or arrange takeout on command, and even buy mutual funds with their authorization. It is being tested in Hangzhou, with no launch date set. Ant's AI Pay already crossed 100 million users in February, the first AI-native payment product to do so, yet WeChat counts over a billion and has rolled out its own agents. China's super-app crown now goes to whoever builds the better AI.

ALSO LAST WEEK 

South Korea's tech exports hit a record $47.79 billion in May, up 128.9 percent on the year, as AI demand lifted semiconductor shipments 169 percent. SK Hynix, riding the memory boom, added more than 2,000 jobs last year.

Britain and Japan will sign an 18 billion pound ($24 billion) investment package, including up to 9 billion pounds from Japan for a 5.9-gigawatt floating wind project off Scotland.

Vietnam set a target of $50 billion in annual foreign investment, with a new Politburo resolution pushing for higher-value, less resource-intensive projects and more cross-border transactions.

Geely will purge excess capacity, closing, merging or selling redundant plants. Under chairman Li Shufu's One Geely plan, the units fold into its Hong Kong-listed arm and the carmaker slims down.

Huawei is weighing running its newest Ascend AI chips in its cloud across Latin America. It would push Chinese silicon into a region long dominated by US suppliers like Nvidia.