True Ventures

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.

Dave Balter

Venture Partner

Caroline Ciaramitaro

Associate

Gus Coldebella

Partner

Sahiti Enjeti

Associate

Amy Errett

Partner

Ulrike Kellmereit

CFO

Om Malik

Partner

Fiona McCarthy

Principal

John O'Connell

Associate

Toni Schneider

Partner

Natasha Sharma

Principal

Rohit Sharma

Partner

Jim Stewart

COO

James Stewart

COO and Partner

Priscilla Tyler

Senior Associate

Christiaan Vorkink

VP and Director

Ariel Winton-Jones

Principal

Puneet Agarwal

Partner

Past deals in Robotics

Diligent Robotics

Venture Round in 2023
Diligent Robotics Inc. is a company based in Austin, Texas, that develops and manufactures hospital service robots, specifically designed to assist clinical and nursing staff with logistical tasks. Its flagship product, Moxi, is a robotic assistant equipped with advanced mobile manipulation, social intelligence, and human-guided learning capabilities. Moxi works collaboratively with healthcare teams, allowing clinical staff to focus more on direct patient care, thereby enhancing patient satisfaction and improving the overall quality and safety of service. Founded in 2017, Diligent Robotics aims to integrate artificial intelligence technologies into everyday environments, supporting healthcare providers in dynamic and semi-structured settings.

Ati Motors

Series A in 2023
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.

Scythe

Series B in 2023
Scythe Robotics is a robotics company that develops autonomous machines to tackle challenges in unstructured outdoor environments. Scythe aims to provide advanced and sustainable autonomous technology for maintaining off-road environments safely, effectively, and responsibly. Founded in 2018, Scythe is headquartered in Longmont, Colorado.

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.

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.

Diligent Robotics

Series B in 2022
Diligent Robotics Inc. is a company based in Austin, Texas, that develops and manufactures hospital service robots, specifically designed to assist clinical and nursing staff with logistical tasks. Its flagship product, Moxi, is a robotic assistant equipped with advanced mobile manipulation, social intelligence, and human-guided learning capabilities. Moxi works collaboratively with healthcare teams, allowing clinical staff to focus more on direct patient care, thereby enhancing patient satisfaction and improving the overall quality and safety of service. Founded in 2017, Diligent Robotics aims to integrate artificial intelligence technologies into everyday environments, supporting healthcare providers in dynamic and semi-structured settings.

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.

Scythe

Series A in 2021
Scythe Robotics is a robotics company that develops autonomous machines to tackle challenges in unstructured outdoor environments. Scythe aims to provide advanced and sustainable autonomous technology for maintaining off-road environments safely, effectively, and responsibly. Founded in 2018, Scythe is headquartered in Longmont, Colorado.

Scythe

Venture Round in 2020
Scythe Robotics is a robotics company that develops autonomous machines to tackle challenges in unstructured outdoor environments. Scythe aims to provide advanced and sustainable autonomous technology for maintaining off-road environments safely, effectively, and responsibly. Founded in 2018, Scythe is headquartered in Longmont, Colorado.

Diligent Robotics

Series A in 2020
Diligent Robotics Inc. is a company based in Austin, Texas, that develops and manufactures hospital service robots, specifically designed to assist clinical and nursing staff with logistical tasks. Its flagship product, Moxi, is a robotic assistant equipped with advanced mobile manipulation, social intelligence, and human-guided learning capabilities. Moxi works collaboratively with healthcare teams, allowing clinical staff to focus more on direct patient care, thereby enhancing patient satisfaction and improving the overall quality and safety of service. Founded in 2017, Diligent Robotics aims to integrate artificial intelligence technologies into everyday environments, supporting healthcare providers in dynamic and semi-structured settings.

Diligent Robotics

Seed Round in 2019
Diligent Robotics Inc. is a company based in Austin, Texas, that develops and manufactures hospital service robots, specifically designed to assist clinical and nursing staff with logistical tasks. Its flagship product, Moxi, is a robotic assistant equipped with advanced mobile manipulation, social intelligence, and human-guided learning capabilities. Moxi works collaboratively with healthcare teams, allowing clinical staff to focus more on direct patient care, thereby enhancing patient satisfaction and improving the overall quality and safety of service. Founded in 2017, Diligent Robotics aims to integrate artificial intelligence technologies into everyday environments, supporting healthcare providers in dynamic and semi-structured settings.

Mesmer

Series A in 2019
Mesmer is a robotics process automation company focused on software development, headquartered in Palo Alto, California. It leverages artificial intelligence to enhance the speed and efficiency of app creation, aiming to transform software development practices over the next decade. Mesmer's suite of products includes tools for bug reporting, infrastructure building, autonomous crawling, user acceptance testing, test generation, and test execution. The technology enables comprehensive testing solutions, covering functional, end-to-end, UI, integration, and visual testing, while also automating monitoring and compliance tasks. By streamlining the testing process, Mesmer enhances productivity for development teams.

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.

Bear Flag Robotics

Seed Round in 2018
Bear Flag Robotics, Inc. specializes in developing autonomous technology for farm tractors, aiming to enhance productivity and safety in agriculture. Founded in 2017 by Igino Cafiero and Aubrey Donnellan, the company is headquartered in Sunnyvale, California. Its software enables users to plan routes, schedule jobs, and receive real-time alerts about equipment status. Additionally, it features remote emergency stop capabilities and obstacle avoidance, ensuring safe operation in various conditions. By utilizing perception sensors and robotic actuators, Bear Flag Robotics' technology allows central mission control to manage tractor operations, providing real-time data that helps farmers optimize their practices, reduce input costs, and increase production yields.

Diligent Robotics

Seed Round in 2018
Diligent Robotics Inc. is a company based in Austin, Texas, that develops and manufactures hospital service robots, specifically designed to assist clinical and nursing staff with logistical tasks. Its flagship product, Moxi, is a robotic assistant equipped with advanced mobile manipulation, social intelligence, and human-guided learning capabilities. Moxi works collaboratively with healthcare teams, allowing clinical staff to focus more on direct patient care, thereby enhancing patient satisfaction and improving the overall quality and safety of service. Founded in 2017, Diligent Robotics aims to integrate artificial intelligence technologies into everyday environments, supporting healthcare providers in dynamic and semi-structured settings.

Mesmer

Seed Round in 2017
Mesmer is a robotics process automation company focused on software development, headquartered in Palo Alto, California. It leverages artificial intelligence to enhance the speed and efficiency of app creation, aiming to transform software development practices over the next decade. Mesmer's suite of products includes tools for bug reporting, infrastructure building, autonomous crawling, user acceptance testing, test generation, and test execution. The technology enables comprehensive testing solutions, covering functional, end-to-end, UI, integration, and visual testing, while also automating monitoring and compliance tasks. By streamlining the testing process, Mesmer enhances productivity for development teams.

Renovo Auto

Venture Round in 2017
Renovo Auto specializes in developing technology for Automated Mobility on Demand systems, focusing on creating a robust operating system tailored for autonomous vehicles. Its platform integrates self-driving software, data analytics, and automotive-grade safety systems, enabling commercial fleets of autonomous vehicles to efficiently manage vast amounts of data and maintain cybersecurity. Renovo's technology leverages hundreds of sensors that generate multiple terabytes of data hourly, providing a safe, secure, and scalable solution designed for demanding environments. By facilitating seamless communication and service management, Renovo enables car manufacturers to deploy fully autonomous vehicles with ease.

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.

Renovo Auto

Seed Round in 2014
Renovo Auto specializes in developing technology for Automated Mobility on Demand systems, focusing on creating a robust operating system tailored for autonomous vehicles. Its platform integrates self-driving software, data analytics, and automotive-grade safety systems, enabling commercial fleets of autonomous vehicles to efficiently manage vast amounts of data and maintain cybersecurity. Renovo's technology leverages hundreds of sensors that generate multiple terabytes of data hourly, providing a safe, secure, and scalable solution designed for demanding environments. By facilitating seamless communication and service management, Renovo enables car manufacturers to deploy fully autonomous vehicles with ease.

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.

OpenROV

Seed Round in 2013
OpenROV is the creator of low cost robotic submarines intended to make underwater exploration accessible to everyone. With a depth capability of 100m, the OpenROV kit, as well as the upcoming ready-to-fly OpenROV Trident are able to see parts of the world that have never been explored before. The aspiration of OpenROV is to not only change how many discoveries are being made about the least-known part of the planet, but also change who it is making those discoveries.

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.
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