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UP.Labs, a startup studio now operating under the name Vantora, raised $100 million as it shifts focus toward building startups centered on physical AI for industrial corporations. The firm's model involves partnering with established companies to launch new ventures rather than investing in existing startups. The raise reflects growing investor interest in applying AI technologies to physical and industrial processes, a category increasingly referred to as 'physical AI.' Vantora's approach positions it as a hybrid between a venture studio and corporate innovation partner.