We're an inception-to-seed venture firm backing relentless founders upgrading the physical economy.
The Neo Forge
Joined March 2016
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The physical economy is being rebuilt from the ground up. We back relentless founders applying technology to the systems that run it: critical minerals, infrastructure and energy, manufacturing, logistics and transportation, and commerce infrastructure.
💸 Silgan will combine its metal containers and closures business with Trivium in a new company, Silgan Metal Containers and Closures, with AIP contributing $1B so the deal is leverage-neutral for Silgan.
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🗞️ @westinghouse will spend $1B at its Columbia fuel plant, which already makes fuel powering about 10% of the US by the governor’s count, to make LEU+, uranium enriched to 5% to 8%, so reactors can run longer between refuelings.
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💸 @MaxinsightsAI, a company that pays more than 5,000 contractors in 6 countries to wear its cameras while they cook, clean, and do their jobs, raised $30M in Seed Funding.
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🎙️ Recently, @mads_ofarrell sat down with Megan Mauter, Stanford professor and Research Director at the @NAWIhub, to talk about the surprising link between water and the power grid.
Watch the full episode on YouTube if you haven’t yet 👇🏼
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💼 Who’s Hiring?👩💻
Principal GNC Engineer at Lux Aeterna in Denver, CO
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🗞️ Executives at CSX and Norfolk Southern are preparing to push sharp increases in upcoming intermodal contract renewals, with the JOC Intermodal Savings Index showing rail’s discount to trucking at record levels.
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🛜 Every machine that leaves a factory is a software release sitting on top of hardware, and either one can fail. A robot, an EV, or a drone gets new firmware every few weeks. It also depends on thousands of components, down to the wire harness that ties it together.
Software teams spent two decades building pipelines that test every change before it ships. On most hardware lines, testing is still bespoke rigs and spreadsheets. This week’s Kaspersky research is a reminder that the device nobody tested is the one that gets you.
🗞️ Stay ahead in the physical economy with Dispatch by Dynamo Ventures.
Join our mailing list 👇🏼
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💼 Who’s Hiring?👩💻
V&V Systems Lead at @Gatik_AI in Santa Clara, CA
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💸 @ICON3DTech, a company which has built more than 270 structures using a multistory robotic printing system, raised $200M in Series D Funding.
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🗞️ @MannaAero, the Irish drone delivery company now building out of Tulsa, is opening three more bases there, each able to fly up to 24 deliveries an hour, weeks after launching its first US site.
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🗞️ @McKinsey’s Global Materials Perspective puts metals and mining market cap at a record $3.7T and average EBITDA margins at 27%, yet revenue grew about 1% in 2025 on flat volumes, and labor productivity did not move.
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💼 Who’s Hiring?👩💻
Consumer Growth Manager at @MannaAero in Tulsa, OK
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💸 Omron is paying cash, about 25 times adjusted EBITDA, for @OnLogic, the Vermont maker of rugged industrial PCs and its roughly 2,000 North American manufacturing customers.
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💸 @rabotenergy, a company which pairs dynamic electricity tariffs with a plug-in home battery that charges when renewable power is cheap and discharges when it is scarce, raised $50M in Series B Funding.
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🗞️ Dry van spot rates averaged $2.26 a mile last week, up 35% from a year ago and 23% above the nine-year seasonal average, according to DAT.
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