Vantora, the startup studio formerly known as UP.Labs, has raised $100 million in a new funding round as it shifts its focus towards building AI-powered startups for industrial corporations. Alongside the funding, the company has rebranded as Vantora and plans to concentrate on physical AI, industrial automation, and robotics.
Founder and CEO John Kuolt told that Vantora is moving toward a “proprietary M&A pipeline.” The company operates as a startup studio rather than a conventional investment firm. Instead of primarily investing in existing startups, Vantora works with large industrial corporations to identify operational challenges and develops new companies around solutions to those problems.
Through this model, Vantora combines startup creation, technology development, and corporate partnerships. Industrial companies can contribute their sector expertise and customer knowledge, while the studio develops technology and builds teams around specific market opportunities.
The company’s new strategy centres on physical AI, which refers to artificial intelligence systems that interact with the physical world through robotics, automation, and other technologies. Applications can include warehouse robotics, manufacturing optimisation and autonomous systems designed for industrial environments.
Moreover, the shift comes as industrial companies explore ways to integrate AI into their operations. However, many businesses face challenges in developing specialised AI capabilities internally, particularly when solutions require both software expertise and knowledge of industrial processes.
Vantora’s startup studio model aims to address this gap by creating companies around specific industrial requirements. Rather than relying solely on existing startups or internal development teams, corporate partners can work with Vantora to develop dedicated technology solutions.
The $100 million funding will support the company as it expands this model across industrial AI applications. Physical AI startups can require substantial capital because their development often involves hardware, testing, specialised engineering and integration with existing industrial systems.
In addition, the studio model allows Vantora to assemble teams around identified opportunities rather than waiting for independent entrepreneurs to present fully developed business ideas. The company can therefore build teams, technology, and business models around the requirements identified with its corporate partners.
The rebrand from UP.Labs to Vantora also accompanies the company’s narrower focus. By concentrating on industrial AI, automation, and robotics, Vantora intends to develop startups specifically for physical-world applications and industrial use cases.
With the latest funding, Vantora will continue building AI-focused companies in partnership with industrial corporations. The company’s approach combines startup creation with corporate expertise, with the aim of developing technology solutions for real-world industrial operations.

