Monthly Dispatch
ROBOTS SHIPPED. META CALLED. WE LED OUR FIRST ROUND.
JUNE 2026 · 4 MIN READ
June was a shipping month across the portfolio: Levtek robots went into production at Voi and PostNord, and Gracia announced a collaboration with Meta Reality Labs. On our side, we made a new investment in San Francisco, and for the first time we led the round. The company is an exciting team using AI agents for software modernization, the decades-old systems large enterprises still run on, where projects take 50-person consulting teams two or more years and most of the work is not code but discovery, planning, and validation. The founders are the kind we look for: two Google Cloud executives who sold and deployed billions in enterprise modernization, paired with an ex-Lovable engineer who built agents and mapped their enterprise failure modes. They’re still in stealth, so that’s all we can share for now. We’ll introduce them properly once they’re out.
— Yariv & Matthias
Levtek robots go into production at Voi and PostNord.
LEVTEK Levkart units in production at Voi (Poznań) and PostNord (Brøndby & Herning).
June was delivery month at Levtek. The team commissioned and handed over the first Levkart autonomous robot-vehicles at Voi’s new central-European warehouse in Poznań, making Voi (160,000+ vehicles across 130+ cities in 13 countries) a customer. The same week, a second delivery went to PostNord Danmark, with production robots now running in both the Brøndby and Herning terminals after last year’s pilots. At one point the team packed and shipped three robots to a single customer in a single day. Pilots are turning into production, and production into repeat orders.
Read the Voi announcement →Gracia announces a collaboration with Meta Reality Labs.
GRACIA Meta Reality Labs collaboration · MEMBA live volumetric performance.
Gracia is working with Meta Reality Labs on MEMBA’s live volumetric performance, developing a bespoke capture-and-reconstruction workflow to bring a real stage act into fully volumetric video, with more from the collaboration coming later this summer. The kicker under the hood: streams that weighed 10 Gb per minute of raw content 18 months ago now run at 75 Mbit/s. Volumetric video just became something you can actually ship.
See the MEMBA project →Commoditized Magic & The Agentic Economy: our thesis, on video.
We rebuilt our core presentation from the ground up. “Commoditized Magic & The Agentic Economy” is how we see the market right now: the marginal cost of content creation going to zero, three exponentials converging at once, and commoditization eroding the old SaaS moats from every direction as software moves from SaaS to agentic apps and, eventually, to agent-to-agent marketplaces. And the question we keep testing every deal against: which startups still have a right to exist in that future. Yariv recorded a video walking through the whole argument.
Watch the video → Flip through the slides →Two datapoints from the wider market this month, each one a stress test of the Commoditized Magic thesis.