{"firm":"Grand Ventures","website":"https://grandvcp.com","criteria_version":"2026-11-01","headquarters":"Grand Rapids, Michigan, USA","offices":["Grand Rapids, MI","Texas"],"thesis":"Physical AI: software where AI meets the real world. Not a hardware or robotics fund.","stages":[{"stage":"seed","primary":true,"initial_check_usd":{"min":750000,"max":2000000},"lead_preference":["lead","co_lead","join_syndicate"],"target_ownership_pct":{"min":5,"max":10}},{"stage":"pre_seed","primary":false,"initial_check_usd":{"min":500000,"max":1500000},"lead_preference":["lead","co_lead","join_syndicate"]}],"follow_on":"Reserves for follow-on through Series A.","geography":{"primary":"North America","summary":"Primarily North America."},"sectors":[{"id":"real_world_operations","name":"Real-World Operations","layer":"application"},{"id":"healthcare","name":"Healthcare","layer":"application"},{"id":"developer_tools_devops","name":"Developer Tools and DevOps","layer":"platform"},{"id":"fintech","name":"Fintech","layer":"platform"}],"not_a_fit":["Hardware-first or robotics hardware companies","Consumer social and media","Companies past Series A"],"how_to_pitch":{"agent":"MCP server at https://grandvcp.com/mcp, tool submit_pitch","human":"https://grandvcp.com/pitch/form","warm_intros":"Preferred."},"response_policy":"Every submission is reviewed by a person. We'll be in touch if we see a potential fit."}