About Nirman Ventures
Nirman Ventures is a venture capital firm founded in 2023. It is primarily based out of Middletown, United States. As of May 2026, Nirman Ventures is an active investor, having invested in 9 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Auto Tech. Most recently it participated in the $***** Seed round of Hardline Overall, Nirman Ventures portfolio has seen 1 unicorn, namely FieldAI. A lot of funds co-invest with Nirman Ventures, with names like Mucker sharing a substantial percentage of its portfolio. Nirman Ventures has team of 8 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Unicorns
Nirman Ventures' List of Top Investments
Nirman Ventures has a portfolio of 9 companies, one of which is a Unicorn. Their most notable investmentis in VECROSTheir portfolio spans across United States, India and Slovakia. They have invested in High Tech, Enterprise Applications, Auto Tech and 6 other sectors, across stages such as Seed stage. Here is the list of top investments by Nirman Ventures:
1. FieldAI
Developer of general-purpose artificial intelligence for robotics and physical automation systems. The company provides foundation models and predictive engines that enable robots to reason under uncertainty and operate reliably across diverse environments and tasks. Its technology supports industrial, construction, and federal operations by enhancing precision, safety, and efficiency in real-world applications.
Key facts about FieldAI
Developer of scalable enterprise AI chiplets for high-performance computing. These chiplets enable the development of powerful AI systems capable of handling complex tasks such as training large language models and running end-to-end agentic workflows. The company focuses on power efficiency and supply chain optimization, offering its solutions through intuitive software for easy deployment. Its architecture supports an open ecosystem with composable silicon and industry-standard IPs.
Key facts about Tsavorite Scalable Intelligence
- Founded Year: 2023
- Location: Milpitas (United States)
- Stage: Series A
- Total Funding till date: $22.9M
- Employee Count: 93 as on Aug 31, 2026
- Investors: Pavestone Capital and Nirman Ventures
- Latest Funding Round: Series A, May 04, 2026, $*****
- Highlight: Editors' Pick
3. Ultra
AI-powered robots that automate warehouses. It provides and automate e-commerce order packaging and returns in fulfillment centers.
Key facts about Ultra
- Founded Year: 2024
- Location: Brooklyn (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $69.1M
- Employee Count: 30 as on Aug 31, 2026
- Investors: Framework Ventures, Y Combinator and 3 Others
- Latest Funding Round: Series A, Aug 07, 2026, $*****
4. VECROS
Spatial-AI powered drones for Construction, Warehouse, Defense. It uses AI to create intelligent flying machines for serving enterprises, and government customers. It specializes in autonomous drones equipped with advanced Spatial AI technology for industrial surveys.
Key facts about VECROS
- Founded Year: 2018
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $546K
- Employee Count: 20 as on Aug 31, 2026
- Investors: Eterna Capital, TDV Partners and 35 Others
- Latest Funding Round: Seed, Aug 26, 2024, $*****
5. Hardline
Developer of voice software capturing construction site conversations for documentation. This application records phone calls and verbal updates to generate project tasks, daily logs, and information requests. The system organizes field communications into searchable records to assist with project management and administrative reporting. It integrates with existing project management tools to automate the creation of punch lists and safety reports based on spoken input.
Key facts about Hardline
- Founded Year: 2025
- Location: Los Angeles (United States)
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 21 as on Aug 31, 2026
- Investors: Mucker, Alumni Ventures and 3 Others
- Latest Funding Round: Seed, May 20, 2026, $*****
Nirman Ventures' Year-on-Year Investment Trends
As of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Hardline.Nirman Ventures' Investments by Stage
Nirman Ventures has made 2 investments in Seed stage with an average round size of $1.06M.Nirman Ventures' Investments by Sector
Nirman Ventures has a diverse portfolio, with companies operating in the Aerospace, Maritime and Defense Tech, Enterprise Applications, High Tech, Real Estate and Construction Tech and Vertical SaaS. Notably, it has invested in 9 Enterprise (B2B) companies, 9 Tech companies, 7 Software companies and at least 4 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Aerospace, Maritime and Defense Tech | 1 |
Enterprise Applications | 1 |
High Tech | 1 |
Real Estate and Construction Tech | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Nirman Ventures' Investments by Geography
Nirman Ventures has made most investments in India (1), followed by United States where it has made 1 investment.Nirman Ventures' recent investments
Nirman Ventures has made 1 investments in 2026 so far - Hardline.Here are the most recent investments by Nirman Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 20, 2026 | United States | Seed | 9990 | [+3] | |
Aug 26, 2024 | India | Seed | 3804 |
Unicorns in Nirman Ventures' Portfolio
Nirman Ventures has 1 unicorn in its portfolio - FieldAI. The most recent unicorn in their portfolio is FieldAI which became a unicorn in 2025, 1 years before Nirman Ventures first invested in it.Here is a list of unicorns in Nirman Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Developer of general-purpose artificial intelligence for robotics and physical automation systems | 2023 | Mission Viejo | Series D | cmsqpju |
Team profile of Nirman Ventures
Nirman Ventures has a team of 8 members including 3 Partners and 1 Venture Partner located in United States, United Kingdom and 1 more location. Nirman Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Nirman Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | San Francisco | - | ||
Partner | Colorado Springs | - | - | |
Venture Partner | Abu Dhabi | - |
Co-investors of Nirman Ventures
Over the past 2 years, 38 investors have co-invested in Nirman Ventures's portfolio companies. This includes funds and angels.
- Invested before Nirman Ventures: 100X.VC, Rajan Luthra and 32 others have invested in rounds before Nirman Ventures. There is 1 company where 100X.VC has invested before Nirman Ventures and 1 company where Rajan Luthra has invested before Nirman Ventures.
- Top Co-investors of Nirman Ventures: 4 investors entered a company along with Nirman Ventures. These include investors like Mucker (1 company).
Recent News related to Nirman Ventures
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Nirman Ventures appoints Naseer Ahmed as a Partner for MENA regionMy Startup World•Nov 13, 2023•Nirman Ventures
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Energy Expert Joins Nirman Ventures in Advisory RoleSMEStreet.in•Jun 20, 2023•Nirman Ventures, Energyexperts
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Energy Expert Steps Into Advisory Role At Nirman VenturesBusinessFortNight•Jun 16, 2023•Nirman Ventures
