Prologis Ventures
About Prologis Ventures
Prologis Ventures says on its site that it was founded in 2016 to invest in strategic innovation. It is the corporate venture arm of Prologis (NYSE: PLD), a logistics real estate company, and is based in San Francisco. The firm reports $300M invested across seed to growth stage companies, with 50+ portfolio companies on four or more continents. A named founder is not given in the sources found. One third-party profile lists Will O'Donnell as Managing Director, who joined legacy AMB in 2003. A 2024 Fast Company piece by Todd Lewis, a vice president, says he covers autonomous vehicles, robotic automation, AI, machine learning, drones and SaaS. Fund structure is not published. The firm has also co-anchored TMV Logistics, a US$200M external fund for early-stage maritime and logistics technology, including autonomy, robotics and operational AI.
AI at Prologis Ventures follows the parent's logistics and real estate focus, and it appears in software, robotics and automation. The firm's portfolio page describes Anori as an AI native real estate platform for entitlements, permitting and design. It describes Altana as an AI platform for supply chain visibility and Airspace as an AI-driven logistics platform. Recent rounds include UNIT AI, which raised $12M in July 2026 in a round co-led by Dynamo Ventures with Prologis Ventures and Ground Up Ventures. Prologis has also announced a partnership with Fulfillment IQ on AI adoption and automation in supply chains. A third-party database lists the Walden Robotics seed as a co-investor round. It lists the Anori round as one the firm led, which matches the Lounge deals desk. Founders should expect the firm to ask how a product can be used across warehouses and development projects.
The firm invests from seed through growth. Its own portfolio page lists Series A as the stage for Altana and Airspace, and the Lounge deals desk shows seed rounds in 2026. Prologis Ventures does not publish a check size range. Third-party databases give conflicting estimates, from $1M to $10M and from $2M to $20M, so treat those as unconfirmed. It invests both as lead and as co-investor.
- Anori: AI native real estate platform for entitlements, permitting and design; $26M seed, March 2026.
- Walden Robotics: physical AI company building general-purpose robots that learn on the job; $300M seed, July 2026.
- UNIT AI: physical AI for warehouse automation; $12M round, July 2026.
- Altana: AI platform for global supply chain visibility; Series A investment per the firm's site.
- Airspace: AI-driven platform for time-sensitive shipments; first invested 2018, Series A per the firm's site.
- prologis.com/about/prologis-ventures
- pitchbook.com/profiles/investor/435255-22
- pitchbook.com/profiles/company/1360860-04
- venturecapitalarchive.com/venture-funds/prologis-prologis-com
- fastcompany.com/91108445/building-the-future-of-commerce
- simplywall.st/stocks/us/real-estate/nyse-pld/prologis/news/prologis-ve
- theventurecodex.com/funds/prologis-ventures
- f4.fund/firms/prologis-ventures
Investing activity
Prologis Ventures appears in 2 AI deals tracked by the Lounge deals desk, rounds totalling $326M, and led 1 of them. The rounds are mostly Seed, with a median round size of $300M. The most recent are Walden Robotics (Seed, $300M, Jul 2026) and Anori (Seed, $26M, Mar 2026).
Prologis Ventures most often invests alongside Deviation Capital, Toyota Ventures, KAS Venture Partners and Squarepoint Capital, and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about Prologis Ventures
Does Prologis Ventures invest in AI startups?
Yes. Recent rounds include Anori ($26M seed, March 2026), Walden Robotics ($300M seed, July 2026) and UNIT AI ($12M, July 2026). Its focus is AI applied to logistics, supply chain and real estate.
When was Prologis Ventures founded?
Prologis Ventures says it was founded in 2016 as the corporate venture arm of Prologis. It is based in San Francisco.
How much does Prologis Ventures invest per round?
The firm does not publish check sizes. Third-party estimates conflict, so confirm directly before you pitch.
What stages does Prologis Ventures invest in?
It invests from seed to growth stage. Its recent AI deals include seed rounds, and it also has Series A investments such as Altana and Airspace.
How big is the Prologis Ventures portfolio?
Its site reports $300M invested across 50+ companies on four or more continents.
What AI companies has Prologis Ventures invested in?
Prologis Ventures's AI investments include Walden Robotics and Anori. The 2 rounds on Lounge are listed on this page with amounts, dates and co-investors.
What stage does Prologis Ventures invest at?
In the rounds tracked on Lounge, Prologis Ventures has invested at Seed, with a median round of $300M. Prologis Ventures led 1 of those rounds.
Who does Prologis Ventures co-invest with?
Prologis Ventures's most frequent co-investors on Lounge are Deviation Capital (1 deal), Toyota Ventures (1 deal), KAS Venture Partners (1 deal), Squarepoint Capital (1 deal) and One Madison Group (1 deal).
How can founders reach Prologis Ventures?
Founders on Lounge can see Prologis Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Prologis Ventures to their Investor Pipeline to track the conversation.