Fundraising FoxNirman Investments
Venture capitalSilicon Valley · Pre-Seed–Seed · 3 people tracked
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Investment thesis
Nirman Ventures backs artificial intelligence that operates in the physical world, focusing on Physical and Embodied AI. The firm targets applications across construction, manufacturing, logistics and infrastructure, supporting companies building AI systems that work in real-world, field-based environments rather than purely digital contexts.
Source: firm website, verified Oct 2, 2026.
Team · 3 people
from the firm's website
Gregg Wallace is a General Partner at Nirman Ventures with prior experience at Hilti and Bain & Company, and holds an MBA from Wharton. His investment focus includes founder-led companies and startup-corporate collaborations, with particular interest in global opportunities. Wallace volunteers with Upwardly Global in San Francisco and maintains active involvement in the built world and technology sectors.
Nikhil Choudhary is Managing Partner of Nirman Ventures, an early-stage firm focused on Physical AI, Embodied AI, and deep technologies for construction, manufacturing, logistics, and infrastructure. He previously founded and led Zenith Engineers, which ranked #1 fastest-growing design company in America on the 2019 Inc. 5000. He holds an M.S. in Civil/Structural Engineering from Michigan State University and writes and speaks on Physical AI and the physical economy.
What they invest in
from 8 of 14 portfolio companiesAI & Machine Learning ×4Fintech ×4Robotics ×3Advanced Manufacturing ×2B2B Marketplaces ×2Enterprise Software ×2Hardware ×2Logistics & Supply Chain ×2
HQs:United States×5Brazil×2United Arab Emirates×1
Investments · 14 tracked
founders shown can be your intro path
Facio provides early wage access services to employees in Brazil, allowing workers to receive portions of their earned salary before the standard payment schedule.
FintechSão Paulo, BR
Márcio Dos Santos(Founder)inSaulo Tristao(Founder)inTiciano Vieira(Founder)inMárcio Vinicius dos Santos(Founder)inTiciano V(Founder)Stefan Jeschonnek(Director)in
Co-investorsDiscovery Ventures III Gmb H & Co. KGFEBE VenturesMago CapitalMONASHEESNext Billion Capital PartnersOnevc Venture Partners Llc+8 more
FieldAI builds foundation models and AI systems for robots operating in unstructured field environments.
AI & Machine LearningDeep TechHardwareRoboticsAustin, US
Ali Agha(Founder)inShayegan Omidshafiei(Founder)inDavid Fan(Founder)inSebastian Scherer(Director of Fieldable Embodied AI)in
Co-investorsCanaan PartnersEmbark VenturesFikaGraph VenturesIntel CapitalKhosla Ventures+11 more
Frubana supplies food and ingredients to restaurants across Latin America through an online marketplace.
Enterprise SoftwareFintechLogistics & Supply ChainSão Paulo, BR
Fabian Gomez Gutierrez(Founder)inFabián Gómez Gutiérrez(Founder)Andrés Sarmiento(Founder)Carlos Upegui(Founder)Fabián Gomez(Founder)Juan Carlos Cuello(Founder)
Co-investorsAbstract VenturesFJ LabsLightspeed Venture PartnersMAGIC FundNotable CapitalOpera Ventures+16 more
Noble Machines builds general-purpose industrial humanoid robots designed to perform hazardous and physically demanding tasks.
Advanced ManufacturingAI & Machine LearningHardwareRobotics
Wei Ding(Founder)inWen-Loong Ma(CTO)Chris McQuin(Head of Hardware)inWenda Wang(Founder)in
Co-investorsCentre Street PartnersOakseed VenturesSouth Park CommonsUP Partners
Nomod is a payment links platform that enables businesses to send payment requests via WhatsApp and accept payments through multiple methods including buy-now-pay-later, mobile wallets, and major cards.
B2B MarketplacesFintechSaaSDubai, AE
Omar Kassim(Founder)in
Co-investorsKube VCVentureSouqY CombinatorGlobal Founders CapitalGoodwater CapitalJIMCO+1 more
Ultra manufactures OP1, a stationary multi-purpose AI robot for warehouse automation that handles repetitive tasks like packing, sorting, and kitting.
Advanced ManufacturingAI & Machine LearningLogistics & Supply ChainRoboticsNew York City, US
Jon Miller Schwartz(CEO)inMax Friefeld(Founder)inChetan Parthiban(Founder)inJonathan Schwartz(Executive Officer, Director)inOliver Ortlieb(CTO)inEric Drymer(Founder)
Co-investorsAwz VenturesJude GomilaMaiora Rebel VenturesMK Venture CapitalNextView VenturesPioneer+15 more
Unsloth provides tools and models for machine learning optimization and training.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US
Daniel Han(Founder)inMichael Han(Founder)in
Co-investorsBlackbird VenturesLightspeed Venture PartnersM12 (Microsoft's Venture Fund)PioneerSamsung NextTranspose Platform Management+9 more
ZeroDown offers an alternative to renting or buying a home: it purchases a home chosen by the customer with an all-cash offer, and a portion of the customer's monthly payment builds purchase credits toward eventually buying the home from ZeroDown.
B2B MarketplacesFintechPropTechSan Francisco, US
Abhijeet Dwivedi(Founder)inSteve(Co-Founder)Tushar Garg(CEO & Co-Founder)Ryan Dibble(CFO & Co-Founder)inLaks Srini(CTO)inJason Kwon(GC+CSO)in
Co-investorsCanvas VenturesNorwest Venture PartnersJames Beshara FundSoma CapitalY CombinatorAgrolimen Ventures+7 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
CitianHardlinePegboQubuTsavoriteVecros
Exits · 1
1 acquisitionsZeroDownacq. by FlyHomes
Portfolio news
latest coverage across their companiesUltra · theaiinsider.tech · Oct 16, 2026
Frubana Inc · getlatka.com · Sep 17, 2026
Facio · startupintros.com · Jul 13, 2026
Unsloth AI · blogs.nvidia.com · Dec 15, 2025
Field AI · cnbc.com · Aug 20, 2025
Frequently asked questions
- How many investments has Nirman Investments made?
- Nirman Investments has 14 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
- What stage does Nirman Investments invest at?
- Nirman Investments invests at the Pre-Seed, Seed stages.
- What sectors does Nirman Investments focus on?
- Nirman Investments focuses on Advanced Manufacturing, AI & Machine Learning, Construction Tech, Deep Tech, Enterprise Software, Fintech, Logistics & Supply Chain, PropTech, Robotics.
- Where is Nirman Investments located?
- Nirman Investments is headquartered in Silicon Valley, US.
- Who does Nirman Investments co-invest with?
- Nirman Investments most often shares deals with Canaan Partners, Graph Ventures, Intel Capital, among 25 tracked co-investors.
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