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Deep dive

Physical World Intelligence

Building the future of energy, oceans, space, and critical infrastructure.

We believe the next frontier of technology lies in bringing intelligence into the world around us.


Two technological shifts are converging: The first is the rapid advancement of AI and robotics make it possible to interact with complex physical environments, such as space, oceans, and subsurface.

The second is a transformation in energy. Breakthroughs in energy generation, storage, and transmission are removing fundamental constraints.

We believe the Physical World Intelligence ecosystem will be built across both foundational technologies and vertically integrated companies. A new generation of enabling technologies, including energy, advanced materials, robotics, will provide the building blocks for intelligent physical systems. On top of this foundation, category leaders will combine these technologies with proprietary data, hardware, and deep domain expertise to build end-to-end solutions for critical industries.

We partner with founders building the technologies that power Physical World Intelligence, as well as the companies applying them to transform the physical economy.

Defence Technologies

Explore Defence Technologies.

Industrial Autonomy

Explore Industrial Autonomy.

Regulated Industries

Explore Regulated Industries.

Frontier Technologies

Explore Frontier Technologies.

Selected investments

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Team

Investment Manager

Perspectives

Portfolio newsFebruary 11, 2026
InsightsAugust 20, 2025
InsightsMay 13, 2025

Where founders find their first believers

Quantum Systems

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Establishing a global category leader

Project A were unique in recognising the potential of our dual-use technology at early stage.

Florian Seibel · Co-Founder & CEO

Black Semiconductor

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Rebuilding Europe’s chip infrastructure

ARX Robotics

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Pioneering autonomous modular robotics

Project A backed us when all we had was a bold idea and a lab bench. They didn’t just write a check; they stood by us through the hard R&D phase and helped us turn vision into reality.

Daniel Schall· Co-Founder & CEO

Thanks to the guidance of Project A, ARX is now ideally positioned to highlight the importance of its mission: to become a European champion in defence tech and redefine the future of our industry.

Marc Wietfeld · Co-Founder & CEO

Hades

Sovereignty begins subsurface

Enapi

Transaction broker for the EV industry

Vaeridion

A 100% electric aircraft for short-haul mobility

Atmen

Automating industrial products certification

Kyrall

AI-powered 3D modelling.

Mining startup Hades raises €15m as demand for critical minerals heats up: ‘Europe is incredibly vulnerable’

Energy and Critical Minerals Made in Europe: Why we invested in Hades

EV Charging Infrastructure: Transatlantic Insights

Anton Waitz

Partner

Daria Gneusheva