BACKING AI THAT WORKS
IN THE REAL WORLD

Physical & Embodied AI across Construction · Manufacturing · Logistics · Infrastructure

OUR PURPOSE

Bringing intelligence into the physical world.

The next major wave of AI will move beyond screens and into the environments where the world is built, moved and manufactured.

Nirman backs early-stage founders building Physical AI, Embodied AI, robotics and enabling technologies for industries where software alone cannot solve the problem.

We focus on construction, manufacturing, logistics and infrastructure — massive markets where greater autonomy can reshape productivity, safety and how physical work gets done.

ABOUT US

Built by operators. Investing in the industries we know.

Nirman Ventures is an early-stage venture firm investing in AI and deep technologies transforming the physical economy.

Our team brings decades of operating, engineering, construction, corporate innovation and venture experience. We have built businesses, deployed technology and worked inside the industries our founders are now changing.

That experience shapes how we invest: high conviction, technically informed and grounded in the realities of commercial adoption.

OUR STRENGTHS

Focused investment in Physical AI and Embodied AI

FOCUS

Physical & Embodied AI for the real world

Nirman Ventures global industry and investment network

NETWORK

Global industry access for pilots, customers and scale

Operator support for founders and portfolio companies

VALUE

Operator insight that goes beyond capital

Investment support for early-stage founders

INVESTMENT

Early conviction informed by real industry experience

Innovation and emerging technology

KNOWLEDGE

Built by engineers, operators and investors

Scaling technology across industries and markets

IMPACT

Technologies that change how physical work is done

INVESTMENT TEAM

NIKHIL CHOUDHARY

Managing Partner, San Francisco

MAHADEV RAMAN

General Partner, New York

GREGG WALLACE

General Partner, San Francisco

Building AI for the physical world?

We partner with early-stage founders building Physical AI, Embodied AI, robotics and enabling technologies for construction, manufacturing, logistics and infrastructure.

If you’re solving a hard technical problem with the potential to reshape how real-world industries operate, we’d like to hear from you.

FOUNDER PARTNERS

CORPORATE PARTNERS

From emerging technology to real-world deployment.

We connect industry leaders with early-stage technologies relevant to their operations — helping identify opportunities, evaluate solutions and create pathways to pilots and commercial adoption.

High-rise construction site with cranes and glass facade

FOR LIMITED PARTNERS

Early exposure to AI transforming the physical economy.

Modern skyscrapers representing infrastructure and the built environment

We partner with investors who share our conviction in Physical AI, Embodied AI and the technologies reshaping the world’s largest real-world industries.

GLOBAL NETWORK

Built in Silicon Valley. Connected across global markets.

Our limited partners, advisors, founders and industry relationships span North America, Europe, the Middle East, India and Asia-Pacific — giving Nirman access to perspectives, customers and opportunities across key global markets.

North America · Europe · Middle East · India · Asia-Pacific

HOW WE THINK

15 minutes on what we look for, how we invest and how we work with founders.

Before you pitch us, hear how we think.

LET’S TALK

Building, investing or deploying technology in the physical world?

Whether you’re a founder, limited partner or industry leader, we’d like to hear from you.

Limited Partners

Founders

Corporate Partners