Our Mission:

Build.

We give radically innovative entrepreneurs the go-to-market tools to become the leading firm in their market.

 
 
 
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Closing the Gap

The two largest issues for early stage robotics: few venture funds lead early stage hardware, and those that do lack the go-t0-market expertise to get these start-ups Series A ready, while making sure they focus on “humanized AI” - Artificial Intelligence that leverages many principles and disciplines to create machines ready to incorporate into the human world.

 
 

The VC Re-Boot

The original generation of Venture Capitalist was an operator, an engineer, a builder. Deep tech, which was semiconductors, telecom, required expertise to help entrepreneurs build companies. The wave of mobile/social/gaming saw an influx of the financier. But as we turn back to deep tech with AI and Robotics, deeply technical founders need the help of expert company-builders to help them cross the bridge of commercialization.

 

12

Portfolio companies

From telecom in our early days to our new focus on old-industry robotics, Grit is a leader in the field of hands-on hardware venture investing.

 

60+

fundraising

Our firms have raised over $60M in venture capital in just 3 short years. Going from Pre-Seed to Series B in some cases, we have yet to have a portfolio company close its doors.

 
 

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Robotics Industry

Robotics is estimated to hit $135B market size in 2019. But this technology wave is just beginning - as robotics continue to take over old industry, this multi-trillion dollar opportunity will become the most lucrative investment of the last 20 years.

 
 

Our Areas of Focus

Grit focuses on older industries, desperate for re-invigoration. As these companies see themselves slipping lower and lower on the Fortune 500 list, they are seeking a way revitalize their business. This, paired with labor shortage offers opportunity for new start-ups to work with preeminent companies in the field out of the gates.

 

Construction

Many jobs are considered too hard or dangerous for the next generation. We now see robotics start-ups popping up in dry-walling, clean-up, framing and painting.
 

transportation

Little needs to be said for the transportation industry. The arrival of autonomous transport is a huge topic in any tech blog and now any living room. While the industry has an enormous influx of investment, there is still much opportunity for investment in components.

agriculture

Harvesting, weeding, and maintaining farms is an enormous market. And one that is finding it harder and harder to keep up with the rapid reduction in available labor force.
 

Industrial

Our catch-all for any dirty, dull or dangerous job that falls out of these categories. Window washing, bridge cleaning, outdoor debris clean-up, manufacturing, logistics. All enormous areas of revenue ready for disruption.

 
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“Funding-wise, Grit Labs wants to be the first institutional money in. Founders may have already received grants or money from friends and family, but the firm wants to be a part of the pre-seed round, allocating between $250,000 and $500,000 to each startup.”

Venturebeat / Read Full Article