Urban Machine suspending lumber recycling operations in American Canyon due to a lack of demand

July 2025

July 2025
Portfolio update. Beltic came out of stealth on September 30 with a $7.3 million seed led by Norwest, which takes the company to $8.8 million raised since it started in 2025. I have been a small backer since 2025, alongside Collide Capital, Latitud and Positive Ventures, and now
The founders, engineers and investors in my circle build and back Deep Tech & Physical AI, and most of what I learn comes from arguing with them. Between July and September the arguments kept returning to the same questions: whether robots have enough data, which kind of model has the
Devrim Yasar is the founder and CEO of Lucky Robots, which built a game engine from scratch for one job: generating training data for robot AI. You describe a robot, a task and a room, the engine builds the scene, and it runs the episode on real physics while recording
Christoffer Jørgenvåg is the co-founder and CEO of Hive, which builds what it calls a silicon brain for industrial machines: a sensor kit and an AI model installed on the wheel loaders, excavators and forklifts a company already owns, so the operator moves from the cab to a control