What ALM Ventures does

ALM Ventures, Inc. is a privately held venture capital firm headquartered at 340 E. Middlefield Rd., Mountain View, California 94043, founded in 2024. The firm invests at the seed and pre-seed stages exclusively in companies building humanoid robotics, embodied AI, and spatial intelligence — categories the firm describes as the 'most transformational technology class of the coming decade.' Its core product is ALM Ventures Fund I, a $100 million early-stage vehicle launched in December 2025 with a concentrated-ownership strategy and reserves set aside for follow-on financing. During formation, Fund I deployed capital into ten portfolio companies: Sanctuary AI, Archetype AI, Weave Robotics, Mbodi, Origami Robotics, UMA, Contact CI, Twolabs, Haptica, and HighTorque Robotics.

ALM Ventures' go-to-market is community- and event-driven. The firm co-organizes the Humanoids Summit, a global industry conference now in its fourth edition, with an inaugural Asia edition scheduled for Tokyo on May 28-29, 2026 (sponsored by GMO Internet Group). The summit functions as both a brand-building channel and a deal-sourcing platform, supplemented by direct founder outreach within the robotics and embodied AI ecosystem. Distribution of capital occurs through this proprietary network rather than through traditional product channels.

The firm's revenue model follows standard early-stage VC economics: a 2% annual management fee on Fund I's $100M in committed capital (implying ~$2M in annual fee revenue), with carried interest contingent on future portfolio exits. ALM Ventures does not sell products or services with public pricing; fund investment terms are negotiated privately with limited partners. The firm does not itself develop proprietary AI or technology systems — its value proposition is capital allocation, ecosystem curation, and concentrated ownership in a defined vertical.

Name

ALM Ventures

Legal name

ALM Ventures, Inc.

Website

https://alm.ventures

Company type

Private

Founded year

2024

Operating status

Operating

Short description

ALM Ventures is a Mountain View-based venture capital firm investing seed and pre-seed capital exclusively in humanoid robotics, embodied AI, and spatial intelligence startups via its $100M Fund I, and co-organizes the Humanoids Summit industry conference.

Ownership category

akta.pro rank

Product category

Early-Stage Venture Capital

NAICS

All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)

Keywords

• Venture capital investing
• Seed-stage funding
• Humanoid robotics investment
• Embodied AI startups
• Early-stage capital

Headquarters

HQ city

Mountain View

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Infrastructure

Revenue model

1. Fund Management Fees: ALM Ventures generates revenue through management fees on its $100 million Fund I, typically a standard 2% annual management fee on committed capital for early-stage VC funds.
2. Carried Interest (Performance Fees): VC revenue model includes carried interest - a share of profits from successful portfolio company exits. Fund I is structured with reserves for follow-on financing, indicating a standard VC carry structure.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

ALM Ventures is an early-stage venture capital firm that invests in seed and pre-seed companies building humanoid robotics, embodied AI, and spatial intelligence. It manages a $100 million Fund I and supports founders through capital deployment, ecosystem development, and the co-organized Humanoids Summit. The fund has made ten initial investments during its formation period.

Product overview

ALM Ventures is a seed and pre-seed venture capital firm operating as a single unified fund (ALM Ventures Fund I, $100M) focused on humanoid robotics, embodied AI, and spatial intelligence. The firm's product offering consists of its venture fund and the Humanoids Summit ecosystem event, with a portfolio of 10 portfolio companies. The fund provides capital and ecosystem support to early-stage founders building intelligence for the physical world as systems transition from labs into real-world deployment.

Differentiator

Problem solved

Functional benefit

Brands

• ALM Ventures Fund I: The firm's inaugural $100 million early-stage venture capital fund focused on humanoid robots, embodied AI, and spatial intelligence.

Products and services

• ALM Ventures Fund I A $100 million early-stage venture capital fund that invests at seed and pre-seed stages in humanoid robotics, embodied AI, and spatial intelligence companies, structured to build concentrated early ownership with reserves for follow-on financing.
• Humanoids Summit A global industry summit co-organized by ALM Ventures that convenes robotics leaders to discuss commercialization, supply chains, capital investment, and safety in humanoid systems. Has held four global editions including the inaugural Asia edition in Tokyo in May 2026.

Named customers10 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• Humanoids SummitcoreStrategic or Co-development Partner · 8 April 2026ALM Ventures co-organizes the Humanoids Summit, a premier industry conference for the humanoid robotics ecosystem. The summit brings together global robotics leaders to discuss commercialization, supply chains, capital investment, and safety in humanoid systems. The inaugural Asia edition is scheduled for May 28-29, 2026 in Tokyo.
• GMO Internet GroupminorGTM or Marketing Partner · 8 April 2026GMO Internet Group serves as a signature sponsor of the Humanoids Summit Tokyo 2026, contributing to event funding and visibility within the Asian robotics market.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Bloomberg Beta: Bloomberg Beta is an early-stage venture firm investing in machine intelligence, automation, and the future of work. Comparable to ALM in its early-stage AI/automation focus, though not exclusively robotics-focused.
• Anorak Ventures: Anorak Ventures is an emerging early-stage venture firm with a focus on AI, robotics, and frontier technology. Comparable to ALM as a similarly emerging, thesis-driven investor in the robotics/AI category.

Direct peers

• Root Ventures: Root Ventures is a seed-stage venture capital firm focused exclusively on robotics and hard-tech startups. It is the most directly comparable peer to ALM Ventures given its near-identical stage focus and robotics-only mandate.
• Eclipse Ventures: Eclipse Ventures invests in early-stage startups transforming physical industries, with deep expertise in robotics, industrial automation, and AI. Comparable to ALM in early-stage industrial/robotics focus and Silicon Valley presence.
• Toyota Ventures: Toyota Ventures is the corporate venture capital arm of Toyota focused on autonomous mobility, robotics, and AI. Its robotics-centric mandate and CVC structure make it directly comparable to ALM's investment thesis.
• Playground Global: Playground Global is a deep-tech venture firm backing startups at the intersection of AI, robotics, and advanced engineering. Its deep-tech/robotics mandate and Silicon Valley base make it a close thematic peer to ALM Ventures.

Broad incumbents

• DCVC (Data Collective): DCVC is a deep-tech venture firm investing in computational science, AI, and engineering-driven startups including robotics. Comparable to ALM thematically but invests across broader deep-tech categories at multi-stage scale.
• Lux Capital: Lux Capital is a well-established deep-tech venture firm with a long track record of investing in robotics, space, and frontier technology. Comparable thematically to ALM but operates at materially larger fund scale and across multiple stages.
• Khosla Ventures: Khosla Ventures is a multi-stage venture firm with significant exposure to AI, robotics, and frontier technology. It overlaps thematically with ALM but operates across a much broader investment mandate and at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ALM Ventures