True Ventures is a venture capital firm founded in 2005 and based in Palo Alto, California, with an additional office in San Francisco. It specializes in investing in early-stage technology startups, focusing on sectors such as commerce, consumer products, health, and infrastructure technologies, including areas like e-commerce, mobile, and cloud computing. The firm typically provides seed and Series A financing, preferring to invest between $0.25 million and $3 million for a stake of 22 to 25 percent in the companies it supports. True Ventures is dedicated to empowering entrepreneurs, fostering creativity, and promoting professional growth through its True Platform, which offers various programs for founders. With a team of over 40 professionals, True Ventures has helped launch and scale more than 350 companies, contributing to the creation of over 85,000 jobs worldwide. The firm has received recognition, including being named Venture Firm of the Year by the National Venture Capital Association in 2018.
Ati Motors is a manufacturer of all-electric autonomous industrial vehicles designed to enhance operational efficiency in industrial environments and warehouses. The company focuses on self-driving electric cargo vehicles that utilize advanced technologies, including light detection and ranging, cameras, and infrared sensors, to navigate various traffic conditions. Ati Motors' vehicles can seamlessly integrate with existing trolleys and workflows, allowing for the automation of material movement systems both indoors and outdoors. This innovative approach provides industries such as factories and warehouses with fully autonomous solutions to improve productivity and streamline their operations.
KEWAZO
Series A in 2023
KEWAZO GmbH, founded in 2016 and based in Gilching, Germany, specializes in developing robotic systems for the construction industry, specifically aimed at enhancing material transport for scaffolding companies and industrial service providers. The company's flagship product, the robotic material hoist LIFTBOT, automates the flow of materials both vertically and horizontally on construction sites, significantly reducing labor costs and addressing labor shortages while improving safety. By integrating these robotic platforms on-site, KEWAZO not only facilitates just-in-time and just-in-place delivery of scaffolding parts during assembly but also collects operational data. This data is made available to clients through a comprehensive analytics platform, enabling more proactive management of projects and overall company operations.
Dextrous Robotics
Venture Round in 2023
Dextrous Robotics is a robotics company established in 2019 and based in Memphis, Tennessee. The firm specializes in developing AI-enabled robots designed for warehouse operations. These robots assist in various tasks, including loading and unloading pallets, trucks, and containers, as well as material picking, sorting, and storage. By providing advanced automation solutions, Dextrous Robotics aims to enhance the efficiency and effectiveness of logistics processes for its clients.
Trunk Tools
Seed Round in 2023
Trunk Tools offers an AI-driven platform designed to automate construction-specific workflows. The company focuses on enhancing team efficiency in the construction industry through tailored solutions. It supports a wide range of users, including superintendents and project managers, to streamline operations on job sites.
Avidbots Corp.
Series C in 2022
Avidbots Corp. is a Canadian company founded in 2014 that specializes in developing and manufacturing autonomous commercial floor cleaning robots. Its flagship product, NEO, is an advanced scrubbing robot designed to enhance cleaning efficiency in various environments, including airports, retail malls, hospitals, colleges, industrial sites, museums, and warehouses across multiple countries. Avidbots' robots utilize laser mapping technology to create detailed maps of their surroundings, enabling them to plan and execute optimal cleaning paths. The company's vision is to integrate robotics into everyday life, thereby expanding human potential through innovative cleaning solutions.
Vanti AI
Series A in 2022
Using Vanti's SaaS solution, manufacturers are able to predict and explain quality issues, detect defects and optimize their processes, all in real-time. This is achieved through a self-service platform that harnesses data directly from the shop floor to train, deploy and maintain ML-based models in production. The platform doesn't require any data science or coding knowledge and models can be trained and validated within just a day, unlocking the AI scaling challenge for its customers.
Fixposition
Seed Round in 2021
Fixposition AG is a Swiss company founded in 2014, specializing in advanced navigation solutions for autonomous systems. Based in Zurich, it focuses on enhancing the reliability and availability of precise positioning through a combination of cutting-edge computer vision techniques and satellite navigation expertise. The company offers products such as NAV-RTK, designed for industrial and commercial drones, and VISION RTK, tailored for autonomous robots and vehicles. Fixposition's technology enables centimeter-level positioning accuracy in challenging environments, including urban canyons and forests, where satellite signals are often obstructed. This capability supports a wide range of applications, from off-road autonomous robots to industrial drone inspections and high-precision control of various autonomous machines.
KEWAZO
Series A in 2021
KEWAZO GmbH, founded in 2016 and based in Gilching, Germany, specializes in developing robotic systems for the construction industry, specifically aimed at enhancing material transport for scaffolding companies and industrial service providers. The company's flagship product, the robotic material hoist LIFTBOT, automates the flow of materials both vertically and horizontally on construction sites, significantly reducing labor costs and addressing labor shortages while improving safety. By integrating these robotic platforms on-site, KEWAZO not only facilitates just-in-time and just-in-place delivery of scaffolding parts during assembly but also collects operational data. This data is made available to clients through a comprehensive analytics platform, enabling more proactive management of projects and overall company operations.
Vanti AI
Seed Round in 2020
Using Vanti's SaaS solution, manufacturers are able to predict and explain quality issues, detect defects and optimize their processes, all in real-time. This is achieved through a self-service platform that harnesses data directly from the shop floor to train, deploy and maintain ML-based models in production. The platform doesn't require any data science or coding knowledge and models can be trained and validated within just a day, unlocking the AI scaling challenge for its customers.
Avidbots Corp.
Series B in 2019
Avidbots Corp. is a Canadian company founded in 2014 that specializes in developing and manufacturing autonomous commercial floor cleaning robots. Its flagship product, NEO, is an advanced scrubbing robot designed to enhance cleaning efficiency in various environments, including airports, retail malls, hospitals, colleges, industrial sites, museums, and warehouses across multiple countries. Avidbots' robots utilize laser mapping technology to create detailed maps of their surroundings, enabling them to plan and execute optimal cleaning paths. The company's vision is to integrate robotics into everyday life, thereby expanding human potential through innovative cleaning solutions.
3D Robotics
Series D in 2017
3D Robotics, Inc. is a manufacturer of drones that specializes in providing advanced drone technology for industries such as construction, mining, insurance, surveying, agriculture, utilities, telecom, and public safety. The company offers a range of products, including the Solo motion control drone and Site Scan, a cloud-connected application designed for autonomous inspections, scans, and surveys that generates 2D maps and 3D models. Furthermore, 3D Robotics provides Pixhawk, an autopilot system for building unmanned aerial vehicles, along with various parts and accessories. The company focuses on enabling users to collect accurate aerial data and transform drone images into actionable insights, supporting clients in making informed decisions related to their projects. Founded in 2009 and headquartered in Berkeley, California, 3D Robotics distributes its products globally through resellers and its online store.
3D Robotics
Series C in 2015
3D Robotics, Inc. is a manufacturer of drones that specializes in providing advanced drone technology for industries such as construction, mining, insurance, surveying, agriculture, utilities, telecom, and public safety. The company offers a range of products, including the Solo motion control drone and Site Scan, a cloud-connected application designed for autonomous inspections, scans, and surveys that generates 2D maps and 3D models. Furthermore, 3D Robotics provides Pixhawk, an autopilot system for building unmanned aerial vehicles, along with various parts and accessories. The company focuses on enabling users to collect accurate aerial data and transform drone images into actionable insights, supporting clients in making informed decisions related to their projects. Founded in 2009 and headquartered in Berkeley, California, 3D Robotics distributes its products globally through resellers and its online store.
3D Robotics
Series B in 2013
3D Robotics, Inc. is a manufacturer of drones that specializes in providing advanced drone technology for industries such as construction, mining, insurance, surveying, agriculture, utilities, telecom, and public safety. The company offers a range of products, including the Solo motion control drone and Site Scan, a cloud-connected application designed for autonomous inspections, scans, and surveys that generates 2D maps and 3D models. Furthermore, 3D Robotics provides Pixhawk, an autopilot system for building unmanned aerial vehicles, along with various parts and accessories. The company focuses on enabling users to collect accurate aerial data and transform drone images into actionable insights, supporting clients in making informed decisions related to their projects. Founded in 2009 and headquartered in Berkeley, California, 3D Robotics distributes its products globally through resellers and its online store.
3D Robotics
Series A in 2012
3D Robotics, Inc. is a manufacturer of drones that specializes in providing advanced drone technology for industries such as construction, mining, insurance, surveying, agriculture, utilities, telecom, and public safety. The company offers a range of products, including the Solo motion control drone and Site Scan, a cloud-connected application designed for autonomous inspections, scans, and surveys that generates 2D maps and 3D models. Furthermore, 3D Robotics provides Pixhawk, an autopilot system for building unmanned aerial vehicles, along with various parts and accessories. The company focuses on enabling users to collect accurate aerial data and transform drone images into actionable insights, supporting clients in making informed decisions related to their projects. Founded in 2009 and headquartered in Berkeley, California, 3D Robotics distributes its products globally through resellers and its online store.
Turnsmith
Series A in 2007
Turnsmith provides process automation solutions to lean manufacturers through an Internet gateway. It offers Kanban solution, which allows individual cells or supply chains to process automation investment, by reducing the management time and information gathering required to monitor, update, and transmit card-based replenishment needs. The company was incorporated in 2002 and is based in Durham, North Carolina.
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