UP.Labs Rebrands as Vantora and Raises $100M to Build Startups for Industrial Corporations
TechCrunch·low signal
UP.Labs, a venture studio that builds startups on behalf of large corporate partners, raised $100 million and is now operating as Vantora with an all-in focus on physical AI. The model is unusual: rather than investing in existing startups, it co-founds companies against a specific industrial partner's problem. Small round by current AI standards, but it is a bet that the remaining value in physical AI sits in domain access rather than in models.