Matter Venture Partners raises $450M for physical AI and robots

Venture firm Matter Venture Partners has raised $450 million to invest in physical AI, including robots and humanoids. Partner Haomiao Huang said demand for robots is nearly infinite, adding they may not look like humans.

• Matter Venture Partners raised $450M to back robotics and physical AI
• Partner Haomiao Huang cites 'infinite demand' for robots
• The fund targets physical AI, including humanoid robots
• Robots may not take a human-like form, the investor says