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Fund II · Physical AI

Revolutionizing a Trillion-Dollar Industry with the Next Major AI Frontier

Nirman Fund II backs early-stage companies bringing AI, robotics, automation, industrial software, and infrastructure technology into the physical industries that build, move, and power the world.

$10 T+
Annual output of the physical economy
13 %
Of global GDP tied to physical industries
$1 T+
Industrial AI Market Opportunity by 2030
$500 B+
Projected robotics market opportunity

The opportunity

Investing in the $10T+ Digitization Opportunity

Traditional industries remain among the world's largest yet least digitized markets, creating massive demand for AI, automation, robotics, and industrial technology. Nirman Ventures backs founders building scalable solutions for these evolving sectors.

0 5 10 15 20 25 $B 3 2016 5 2017 7 2018 9 2019 10 2020 19 2021 16 2022 14 2023 16 2024 21 2025 13 2026 2026 data through May 20
Global venture investment in physical AI and robotics startups, annually

Source: PitchBook. Via Wall Street Journal, "Venture Capital Turns to Hardware Bets as AI Threatens Software Companies." Annual totals; 2026 data through May 20. Bar values are approximate pending verified PitchBook source data.

0 10 20 30 40 50 60 19% 2018 21% 2019 23% 2020 30% 2021 29% 2022 31% 2023 39% 2024 44% 2025 ~50% 2026
% of U.S. startup investment into teams developing technology with AI core

Source: Carta, Mar 2026

Automated Sensing & Data Processing

  • Automated data collection
  • Real-time progress monitoring
  • AI-powered QA/QC workflows
  • Faster estimations and bid generation
  • Intelligent project documentation

Automated Materials Movement

  • Arrival and delivery coordination
  • Automated inventory sorting
  • Optimized onsite material movement
  • Reduced manual labor requirements
  • Improved operational throughput

Automated Guidance

  • Schedule optimization
  • Critical path forecasting
  • Predictive resource allocation
  • Faster contract and permit workflows
  • Intelligent operational coordination
The Real Advantage Is Early Access

Invest in the Systems Modernizing the Physical World

The next wave of industrial transformation is already underway, and Nirman is deeply embedded within the ecosystems driving it forward. Gain exclusive access to the technologies and networks shaping this shift.

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