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§ Venture Capital · Menlo Park, CA, USA
Grishin Robotics is a VC firm, focused on robotics and IoT.
Grishin Robotics is an early-stage Venture Capital firm in Silicon Valley, backing founders of consumer and consumerized enterprise startups. It primarily invests in Seed and Series A rounds, supporting companies disrupting large markets. The firm leverages deep domain expertise to empower portfolio companies in online entertainment, gaming, and productivity tools, aiding effective scaling.
The firm was founded in 2012 by Dmitry Grishin, co-founder and former CEO of Mail.Ru Group. His extensive experience scaling internet businesses from inception to IPO provided the foundational insight, guiding new ventures with operational expertise. This pedigree underpins Grishin Robotics' hands-on, operator-led investment philosophy for early-stage companies.
Grishin Robotics seeks startups targeting substantial consumer markets like education, food, and collaborative platforms. Its vision centers on accelerating partner founders' success by sharing their journey with a product-first mindset. They prioritize understanding user cases, solving problems, and addressing latent demand, positioning their portfolio for impact and growth.
Grishin Robotics has raised $2.0B across 5 funding rounds.
Key people at Grishin Robotics.
Grishin Robotics has raised $2.0B in total across 5 funding rounds.
Grishin Robotics has raised $2.0B in total across 5 funding rounds.
Grishin Robotics's investors include Accel, Forerunner Ventures, Google Ventures, New Enterprise Associates, American Express Ventures, Alpine Investors, Bain Capital Ventures, Harmony, NEA, Marc Lore, CAZ Investments, Dragoneer Investment Group.
Grishin Robotics is an early-stage venture capital firm founded in 2012 by Dmitry Grishin, co-founder and CEO of Mail.Ru Group. The firm is headquartered in Menlo Park, California, with additional offices in Silicon Valley and London. Its mission is to drive real-world change by investing in startups that blend software innovation with tangible hardware products, focusing primarily on consumer robotics, smart hardware, and Internet of Things (IoT) sectors. Grishin Robotics targets Seed and Series A rounds, backing companies that disrupt large consumer markets such as online entertainment, gaming, food tech, education, and team productivity[1][3][4][5].
The firm’s investment philosophy emphasizes supporting founders who build consumer and consumerized enterprise startups that address significant market opportunities through smart hardware and robotics. Grishin Robotics has a strong track record of investing in category-defining companies like Ring (acquired by Amazon), Spin (acquired by Ford), Zipline (drone delivery), Starship (robot delivery), Sphero (robotic toys), and Eero (smart home Wi-Fi, acquired by Amazon). This portfolio demonstrates its impact on the startup ecosystem by accelerating innovation in robotics and IoT, helping startups scale from seed to IPO stages with capital, mentorship, and strategic connections[3][4][5].
Founded by Dmitry Grishin in 2012, the firm leverages his entrepreneurial experience from building and scaling internet businesses, providing a unique perspective to its portfolio companies. The origin story reflects a vision to bridge software and hardware innovation to transform physical environments, which has guided the firm’s evolving focus on smart hardware and consumer robotics[1][4][5].
Grishin Robotics rides the accelerating trend of robotics, IoT, and smart hardware integration into everyday consumer and enterprise products. The timing is critical as advances in AI, machine learning, and hardware manufacturing converge to enable new categories of connected devices and autonomous systems. Market forces such as increasing consumer demand for automation, smart home technologies, and last-mile delivery solutions favor Grishin’s investment focus. By backing startups that combine software intelligence with physical hardware, Grishin Robotics influences the broader ecosystem by fostering innovation that transforms how people interact with technology in their daily lives[1][3][4].
Looking ahead, Grishin Robotics is well-positioned to capitalize on emerging trends in robotics, AI-driven automation, and IoT expansion. The firm is likely to continue expanding its portfolio in areas like digital fitness, food tech, and team productivity tools, where hardware-software integration creates new market opportunities. As smart hardware becomes more pervasive, Grishin’s influence may grow by shaping the next generation of consumer and enterprise robotics startups, driving both technological advancement and market adoption[3][5].
In summary, Grishin Robotics stands out as a specialized VC firm with deep expertise and a proven track record in consumer robotics and smart hardware, committed to transforming the physical world through innovative startups.
Key people at Grishin Robotics.
Grishin Robotics has raised $2.0B across 5 funding rounds. Most recently, it raised $600.0M Wonder - Other Equity in May 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 11, 2025 | $600M Venture Round | Accel, Forerunner Ventures, GV, NEW Enterprise Associates | American Express Ventures | Announced |
| Nov 14, 2024 | $250M Venture Round | — | — | Announced |
| Mar 23, 2024 | $700M Venture Round | Accel, Alpine Investors, Bain Capital Ventures, Forerunner Ventures, GV, Harmony, NEA | Marc Lore, American Express Ventures, CAZ Investments, Dragoneer Investment Group, Fubon Ventures, Jefferies LLC, Kuvare Insurance, Nestl, RED & Blue Ventures, Watar Partners | Announced |
| Nov 20, 2023 | $100M Venture Round | Melissa Henshaw | — | Announced |
| Jun 17, 2022 | $350M Series B | Bain Capital Ventures | Accel, Alpine Group, American Express Ventures, Forerunner Ventures, General Catalyst, GV, NEA, Yieldstreet | Announced |