← Capital intelligence

INV Venture capital

True Ventures

San Francisco-based early-stage VC that writes first checks ($1M–$5M) and maintains long-term founder relationships across the full company lifecycle; generalist fund with investments in hardware, robotics, climate tech, and consumer; backed Peloton, Fitbit, MakerBot, and Ring.

HeadquartersSan Francisco, US
Portfolio7 companies
Cited round volume$326M
Cited rounds17
01

Physical AI portfolio

Round-by-round participation

KEWAZORobot maker · registered · corporate
2026-03-19Series A$16MSource
2023-01-23Series A$10MSource
2021-09-15Series A · Lead$5MSource
AvidbotsRobot maker · registered · corporate
2022-09-27Series C$70MSource
2019-03-21Series B · Lead$24MSource
2018-05-01Series A · Lead$3MSource
ContactileComponent supplier · registered · corporate
2022-05-03Seed · Lead$3MSource
02

Source ledger

16 unique public sources

01
Endoscopic Robotics Company Channel Robotics Raises $4.6M in New FundingThe AI Insider · retrieved 2026-07-05
02
Chevron Technology Ventures, Asahi Kasei Invest in Heavy-Industry Robotics Company KEWAZO: Series A extension; $35M total reachedBusiness Wire · retrieved 2026-07-05
03
Construction robotics firm Kewazo raises $10 millionTechCrunch · retrieved 2026-07-05
04
Construction Technology Startup KEWAZO Raises $5 Million Series A Funding From True VenturesPR Newswire · retrieved 2026-07-05
05
Scythe Robotics $22.8M funding round (Series B+ / Series B-1+; SEC Form D filed June 11 2025; no public press release found)Fundz (SEC filing-based) · retrieved 2026-07-05
06
Scythe Secures $42M Series B FinancingScythe Robotics · retrieved 2026-07-05
07
Scythe Robotics Emerges from Stealth With $18.6M in Funding ($13.8M new Series A; cumulative $18.6M implies ~$4.8M in prior seed rounds not separately press-released)PR Newswire · retrieved 2026-07-05
08
Ati Motors Raises $20M Series B for Global Expansion of its AI-Powered Robotics WorkforcePRNewswire · retrieved 2026-07-05
09
Industrial Robotics Company Ati Motors Secures US$10.85 Million in Series A FundingPRNewswire · retrieved 2026-07-05
10
Diligent Robotics Closes $25 Million to Advance Systemwide Expansions of Socially-Intelligent Service Robots, Empower Healthcare ProfessionalsDiligent Robotics · retrieved 2026-07-05
11
Diligent Robotics Raises Over $30 Million in Series B Funding Round to Deploy Collaborative Robots to Healthcare Systems Across the NationPR Newswire · retrieved 2026-07-05
12
Diligent Robotics Raises Series A Funding to Scale Moxi Hospital RobotThe Robot Report · retrieved 2026-07-05
13
Avidbots raises $70M in Series C fundingAvidbots · retrieved 2026-07-05
14
Avidbots Raises $23.6M in Series B FundingAvidbots · retrieved 2026-07-05
15
Avidbots Raises $23.6M in Series B FundingPRWeb · retrieved 2026-07-05
16
Contactile Raises US$2.5 Million to Accelerate Development of Tactile Sensor Technology for Robotic DexterityPR Newswire · retrieved 2026-07-05