Venture capital firm Zacua Ventures has closed its second investment fund at $135 million, more than doubling the size of its original $56 million fund as it expands its focus on robotics, physical AI and technologies for industrial applications.
The San Francisco-based firm says Fund II was 35 percent oversubscribed, attracting commitments from more than 30 corporate and institutional investors across over 20 countries.
Originally focused on construction technology, Zacua is broadening its investment strategy to include manufacturing, energy, mining, infrastructure and other sectors it collectively describes as the “Physical Industries”. [Read more…] about Zacua Ventures raises $135 million to invest in robotics, physical AI and industrial technology