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Physical Fund

Los Angeles, CA · Invests in US · Website

Pre-SeedRoboticsHardware & DevicesManufacturingSupply Chain & LogisticsIndustrial AutomationRobotics & AutomationManufacturing & IndustrialLogistics & Supply Chain

Thesis

Physical AI represents intelligence entering the real world through robots and intelligent machines. We invest in vertically integrated platforms where software intelligence directly interacts with physical environments — targeting manufacturing, agriculture, logistics, and general autonomy. The real alpha is in boring legacy industries that mainstream VC overlooks.

Likely not a fit for

No household humanoids or consumer-facing robot products. No pure-software AI plays. Avoids hype-driven categories without clear near-term ROI or demonstrated operational value.

How they invest

Lead or follow
Usually leads
Typical decision
~1 week
Warm intro
Not required
Involvement
Advisor
Fund status
Actively deploying
Assets under mgmt
$2M
Decision process
Solo GP

Partners & team

1 contact on file

NA

Nima Ashraf

General PartnerFounder & Managing Director · Primary contact

+ Pitch

Portfolio

Gatlin RoboticsRobotics Automation

Gatlin Robotics provides cost-effective robotic solutions for facility cleaning, utilizing mobile manipulators and humanoid robots to automate essential cleaning tasks. The company operates on a Robot as a Service (RaaS) model, addressing labor shortages and rising costs in the janitorial sector.

Primate IntelligenceEnterprise Software

An applied AI lab building JEPA agents for research-grade scene understanding infrastructure for computer vision developers.

AnacoBiotech Life Sciences

Anaco is a company focused on using cutting-edge technology and novel manufacturing methods to enhance laboratory testing across various industries, including agriculture, beverages, biomanufacturing, and energy.

AxomindRobotics Automation

Axomind is focused on AI-powered factory automation, enabling the orchestration, simulation, and deployment of robots and humanoids through its platform.

Recent activity

Physical Fund in the news

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Research briefRead more
Physical Fund Research Investment Thesis Physical Fund is a nano-fund ($•• target) founded and managed by Nima Ashraf, a former robotics engineer turned venture capitalist. The fund invests exclusively at the pre-seed stage in "physical AI" — the application of artificial intelligence to the physical world through intelligent machines, automation systems, and robotics. Ashraf's thesis is built on

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