How we think about Physical AI
Main Sequence sets out its investment thesis for physical AI, describing portfolio companies across robotics, vision, connectivity, compute and simulation, and recalling over $100 million invested since inception.
Startup · $26.1m raised · Healthcare · Robotics
Personalised robot companions for aged care and assisted living
Melbourne, VIC
Every investor coverage indicates participated in a round Andromeda raised.
| Investor | Rounds | Invested |
|---|---|---|
| Visible Ventures | Series A | - |
| Visible | Series A | - |
| trampoline | Series A | - |
| Startmate | Series A · Accelerator | - |
| Rethink Impact | Series A | - |
| Purpose Ventures | Series A · Seed | $3,000,000 |
| Main Sequence Ventures | Series A | - |
| Heidi Patel | Series A | - |
| Forerunner Ventures | Series A | - |
| Eurie Kim | Series A | - |
| Dom Price | Series A | - |
| Artesian VC | Series A | - |
| Ananya Sinha | Series A | - |
| Alezeia Brown | Series A | - |
Investors whose own portfolio pages list Andromeda, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Galileo Ventures | its portfolio page ↗ |
Companies Andromeda acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Grace Brown | CEO (former) · Founder | Women's Agenda (9 Sep 2025), SmartCompany, Women's Agenda (18 Jun 2024), Startup Daily |
| Yan Chen | Founder | Startup Daily, Women's Agenda |
Stories naming Andromeda. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Main Sequence sets out its investment thesis for physical AI, describing portfolio companies across robotics, vision, connectivity, compute and simulation, and recalling over $100 million invested since inception.
Blackbird has locked in a second billion-dollar fund — its sixth, slightly bigger than the last — bringing in new institutional backers, and the article recalls portfolio wins, writedowns and failures.
Artesian writes that Galileo Ventures' second fund has closed $15 million of a $30 million target, counting Artesian and Innovation Victoria among its backers, and has made a first investment in Fluent BCI.
Also Galileo Ventures portfolio·Dealroom·Startup Daily·Startup Daily·Startup Daily·Dealroom
Blackbird introduces the twelve engineers, mathematicians and researchers chosen for the first Foundry Fellowship, a program connecting technical people with founders and investors across Australia and New Zealand.
Weekly roundup: five raises totalling $87.48m, Fresho buying UK software firm Nation Wilcox, Vinyl Group adding Pedestrian Group and Time Out Australia, and robot maker Andromeda scaling production in a larger facility.
Galileo Ventures' annual letter looks back on 2025: a partner hire, raises at Relevance AI, Andromeda and Tixel, a 25th investment in Isaacus, and Breakthrough Victoria as cornerstone backer of Fund II.
Also SmartCompany·Women's Agenda·Startup Daily·Startup Daily
Artesian's write-up of its first Yield summit in Melbourne, where agrifood leaders discussed AI, biologicals, robotics, agri-energy and biosecurity, and how RDCs, investors and corporates can together speed Australian agricultural innovation.
Startmate chief Michael Batko departs following an eight-year stint; COO Phoebe Pincus steps up. The piece credits his tenure for the accelerator's growth, returns and alumni, and notes his exits from two side ventures.
Long-serving Startmate chief Michael Batko departs the accelerator's top job, with operations lead Phoebe Pincus promoted to CEO; the piece also recalls two side ventures Batko previously exited.
Victoria's Breakthrough Victoria has committed $75m to five specialist VC funds covering climate tech, life sciences, female founders and healthcare, each pledging a quarter of its capital to local startups.
Breakthrough Victoria is putting $75 million into five venture capital funds, including Virescent, SYNthesis BioVentures, Scale and Galileo, each of which has pledged a quarter of its capital to Victorian startups.
Galileo Ventures argues Australia risks missing the AI revolution, proposes a five-pillar national investment strategy, and announces Fund II to back AI founders, citing its Fund I portfolio and Airtrunk's sale as evidence.
Purpose Ventures led a $3m seed round in Andromeda, Grace Brown's Melbourne robotics startup, to scale production of Abi, a companion robot trialled in aged care and children's hospitals.
Techboard's anniversary roundup catalogues a month of Australian startup funding: megadeals, three acquisitions, large debt deals, grants, accelerator intakes, and fund news including Archangel Ventures' committed capital.
Cut Through Venture's August update rounds up July 2022 Australian startup funding, listing raises from Mx51 to WeMoney, Startmate's newest cohort of twelve, and the beta launch of its investor search tool.
Also Techboard
Startmate's Winter '22 intake of 12 Australian and New Zealand startups is its first cohort with a majority of women founders, each receiving a set investment; the piece also notes a principal leaving for AWS.