ALM Ventures has announced the launch of ALM Ventures Fund I, a $100 million early-stage venture capital fund dedicated to investments in humanoid robots, embodied AI, and spatial intelligence. Based in Silicon Valley, the firm is targeting seed and pre-seed opportunities as it seeks to build concentrated early ownership positions in what it views as one of the most transformative technology categories of the coming decade.
The fund is designed to back companies developing the core technical and operational foundations required for scalable humanoid deployment. According to ALM Ventures, recent advances across performance, reliability, and cost structures are pushing humanoid systems closer to commercial viability, creating new opportunities for early-stage companies focused on physical AI and autonomous systems. Fund I is supported by a disciplined portfolio construction strategy and includes reserves for follow-on investments as portfolio companies mature.
ALM Ventures’ investment thesis centers on foundational layers of the humanoid technology stack, including next-generation robotic platforms, intelligent motion and control systems, spatial reasoning, embodied intelligence, world-modeling approaches, and the infrastructure required to support early commercial rollouts. The firm believes that progress in control, perception, and model-based reasoning is reducing integration complexity and lowering cost curves, accelerating the path toward real-world applications and more advanced forms of autonomous deployment.
During the fund’s formation period, ALM Ventures completed ten initial investments aligned with this thesis. The early portfolio spans multiple layers of the humanoid ecosystem and includes Sanctuary AI, Weave Robotics, Emancro, High Torque Robotics, MicroFactory, Mbodi, Adamo, Haptica Robotics, UMA, and O-ID. The firm noted that these companies collectively reflect its focus on both core enabling technologies and practical pathways to commercialization.
In addition to its investment activity, ALM Ventures plays an active role in ecosystem development through the global Humanoids Summit series, which takes place in Silicon Valley, London, and Tokyo. The firm’s emphasis on commercialization, scalable production, and capital allocation is intended to provide early visibility into emerging technologies, pre-incorporation teams, and established leaders shaping the global humanoid robotics landscape.
Founded by Modar Alaoui, ALM Ventures focuses exclusively on humanoids, embodied AI, and spatial intelligence, positioning itself as a specialized early-stage investor in autonomous systems. With Fund I, the firm aims to support founders working to transition humanoid technologies from advanced prototypes into durable, scalable companies capable of addressing real-world commercial demands.
KEY QUOTES:
“After years of research, humanoids are finally entering a phase where performance, reliability, and cost are converging toward commercial viability. What the category needs now is focused capital and deep technical diligence to turn prototypes into scalable, enduring companies.”
Modar Alaoui, Founder And General Partner, ALM Ventures
