LMNT Ventures

Operator-led bits-and-atoms fund; early Physical AI backer (Omen AI).

Research reviewed
Oct 14, 2026
Mapped companies
13
Investment evidence through
Oct 14, 2026

Fund summary

Strategy

Early-stage 'bits-and-atoms' fund (2022, ex-Uber self-driving lead Jeff Miller) backing robotics, physical AI, and industrial decarbonization at pre-seed/seed.

Stated focus

Robotics and physical AI, industrial automation, and climate/decarbonization at pre-seed and seed.

Read full strategy

LMNT Ventures is an early-stage "bits-and-atoms" fund founded in 2022 and led by Jeff Miller, the former Uber self-driving commercial lead. It backs pre-seed and seed founders at the intersection of robotics, physical AI, and industrial decarbonization — a thesis that maps directly onto the Physical AI universe's robotics, autonomy, and industrial-automation layers. The firm runs five SEC-registered vehicles (CIK 2148028) with roughly $38.7M closed toward a ~$118.7M target. In the PXS map, LMNT enters through a sourced, direct relationship with Omen AI, which raised a $31M Series A for continuous fluid intelligence in AI-economy machines. The research map records an attributed financing relationship, not a complete portfolio or a live ownership register, and only direct, sourced relationships to existing mapped companies are captured. LMNT is most useful as a signal of which early-stage, operator-led capital networks are backing the physical-AI and industrial-decarbonization build-out. Operator-led by a former Uber self-driving lead, LMNT is one of the earliest-stage funds in the Physical AI map, and its position in Omen AI connects it to the machine-intelligence layer that sits beneath industrial automation.

Marquee investments

Examples from sourced company relationships. Historical participation does not establish current ownership.

Known positions in mapped companies

CompanyRelationshipRound / roleAs ofEvidence
VeroboticsDisclosed investment historyundisclosedOct 14, 2026Source
SwanDisclosed investment historyundisclosedOct 14, 2026Source
ProvocativeDisclosed investment historyundisclosedOct 14, 2026Source
NevoyaDisclosed investment historyparticipantOct 14, 2026Source
Mulberry IndustriesDisclosed investment historyparticipantOct 14, 2026Source
Frontier Audio LabsDisclosed investment historyundisclosedOct 14, 2026Source
EzraDisclosed investment historyundisclosedOct 14, 2026Source
Edge AI SolutionsDisclosed investment historyparticipantOct 14, 2026Source
DalusDisclosed investment historyparticipantOct 14, 2026Source
Chariot DefenseDisclosed investment historyparticipantOct 14, 2026Source
Bedrock RoboticsDisclosed investment historyundisclosedOct 14, 2026Source
ARIX TechnologiesDisclosed investment historyundisclosedOct 14, 2026Source
Omen AIDisclosed investment historyparticipantJun 30, 2026Source

Derived exposure

Counts cover distinct mapped companies only. They are not an allocation and do not describe the full portfolio.

Universes

Layers

Timeline

  1. Sep 23, 2026

    LMNT Ventures files Form D for Fund III (VE-0723) — $38.7M raised across 5 vehicles

    Source

Start here

  • Omen AI Series A ($31M, Jun 2026) — LMNT co-investor (PRNewswire).
  • Portfolio page (lmnt.vc/portfolio) — Generalist AI, Swarmbotics, Verobotics, Chariot Defense, Bedrock.
  • SEC Form D (CIK 2148028) — 5 vehicles, $38.7M raised.
Official portfolio / fund page

Open questions

  • Exact round/date attribution for Generalist AI and Swarmbotics AI (not itemized on the public portfolio page).
  • Lead vs. participate split on the newer robotics portfolio companies.

Sources

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