Investing in Physical AI: Deciphering between Trends and Fads

​Euan Guttridge is the Founder and General Partner of Reinforced Ventures, an early-stage venture firm backing deeply technical founders in robotics, autonomous systems, and physical AI. He is also a Senior Director at Waymo, with prior experience at Google and Uber, where he has led teams working on complex real-world autonomy and scaling challenges. His investing approach combines operator-led sourcing, technical diligence, and a focus on founders with rare technical depth determined to break todays narratives.

​As software becomes commoditized and robotics become inevitable, the biggest early-stage venture opportunities will emerge at the bottlenecks. Euan will discuss how to separate trends from fads, identify where future constraints will form, and understand how those constraints can create outsized returns.