Omni Ventures Closes Oversubscribed Fund I to Advance Digitization of Manufacturing Technology
Amid the global race to digitize industrial manufacturing capabilities, Omni is writing $700k-$1M pre-seed checks into startups focused on unlocking proprietary data from factory floors
Omni Ventures, the Manufacturing Tech VC, announced it has closed its oversubscribed $33 million Fund I to invest in startups leading the digitization of manufacturing technology. Led by general partners Simon Lancaster and Sabrina Paseman, two former Apple product and manufacturing engineers turned founders, Omni is investing $700,000 to $1 million into pre-seed startups building software, AI, robotics, automation, and connected industrial systems for the manufacturing economy.
The fund is anchored by Allocator One, a fund of funds backing top emerging venture managers, and includes LPs across 14 countries. Omni has already backed companies including Uptool, with portfolio companies attracting participation from Khosla Ventures, Eclipse Capital, Bessemer Venture Partners, and Kleiner Perkins.
“The race to modernize industrial manufacturing is one of the defining economic stories of this decade,” said Michael Ströck, Founding Partner, Allocator One. “We anchored Omni because we believe Simon and Sabrina combine deep technical operating experience with a differentiated network in one of the most under-digitized sectors of the economy. This is the right team, at the right time, in a market that is only going to accelerate.”
