MRRPhysical AI
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INV Venture capital

Shadow Ventures

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Atlanta-based seed-stage VC focused on ConstructionTech and PropTech; founded 2018 with three funds and 85+ portfolio companies; prominent backer of construction robotics startups BotBuilt and Okibo.

HeadquartersAtlanta, US

Portfolio4 companies

Cited round volume$35M

Cited rounds4

01

Physical AI portfolio

Round-by-round participation

AUARRobot maker · registered · corporate

2025-06-04Seed$6MSource

LuminaRobot maker · early · corporate

2025-05-01Seed$8MSource

OkiboRobot maker · registered · corporate

2024-03-28Seed · Lead$8MSource

BotBuiltRobot maker · registered · corporate

2023-12-27Seed$12MSource

02

Source ledger

4 unique public sources

Construction tech startup AUAR raises £5.1M to expand robotic micro-factoriesTech.eu · retrieved 2026-07-05

Lumina hopes this 32-ton dozer makes them the Tesla of heavy equipmentElectrek · retrieved 2026-07-05

OKIBO raises $7.85 million in equity fundingBitStone Capital · retrieved 2026-07-05

BotBuilt wants to lower the cost of homebuilding with robotsTechCrunch · retrieved 2026-07-05