Titans of Tech & Finance Unite to Fuel Physical World Innovation

NEW YORK, NY – May 06, 2026 – In a move poised to accelerate the next wave of industrial and technological advancement, technology investment firm UP.Partners has entered into a major strategic relationship with the diversified holding company TWG Global. The alliance will direct significant equity capital into companies developing “physical world” technologies, targeting breakthroughs in sectors ranging from robotics and artificial intelligence to next-generation mobility and advanced manufacturing.

This partnership combines the specialized, deep-tech expertise of UP.Partners with the vast financial resources and diverse industrial reach of TWG Global. The collaboration aims to build a powerful platform for innovators who are bridging the gap between the digital and physical realms, creating the tangible technologies set to redefine how we live, work, and move.

A New Powerhouse for Physical World Tech

The strategic relationship is designed to be more than a simple capital injection. It creates an ecosystem where visionary entrepreneurs can find both the funding and the strategic support needed to scale their operations and impact. UP.Partners, led by veteran technology investor Adam Grosser, has built its reputation on backing companies that help move people and goods “cleaner, faster, safer, and at lower cost.”

By joining forces with TWG Global—a holding company with deep interests in finance, insurance, energy, and even professional sports—UP.Partners gains access to an unparalleled network and capital base. This allows the firm to amplify its core mission of fostering technologies that have a direct, positive impact on humanity.

“Our team has spent years investing in transformative technologies that bridge the digital and physical worlds — autonomous drones, electric flight, smart robotics, sustainable manufacturing, and more,” said Adam Grosser, Partner at UP.Partners, in a statement. “This strategic relationship with TWG allows us to dramatically scale that vision while remaining who we are: UP.Partners, deeply focused on the physical world. We’re not just a funding vehicle; we’re a full-platform partner for innovators. We plan to fuel companies that build a better, more connected and sustainable world, and we now have an unparalleled platform to do so.”

The Booming Market for Tangible Innovation

The timing of this alliance could not be more critical. The market for “physical world” or deep-tech innovations is experiencing explosive growth, driven by both private sector demand and public policy. The global deep-tech investment market, valued at over $892 billion in 2025, is projected to surge to nearly $2.5 trillion by 2034. Venture capital remains the primary engine, with a growing number of funds dedicated specifically to these complex, asset-heavy sectors.

Artificial intelligence stands as the largest segment within deep tech, but the focus is increasingly on its physical applications. The advanced manufacturing sector alone, valued at over $341 billion in 2024, is expected to approach $607 billion by 2030. This growth is supercharged by government initiatives like the CHIPS and Science Act and the Inflation Reduction Act in the U.S., which are funneling billions into domestic high-tech production of semiconductors, batteries, and electric vehicles.

Mobility is another key area of focus, with startups attracting a record $54 billion in funding in 2024. Investment is pouring into electrification, autonomous driving, and AI-powered logistics, reflecting a global push towards more efficient and sustainable transportation networks. With up to 60% of all climate-tech investment flowing into the mobility sector, the partnership is well-positioned to back the companies at the forefront of this green transition.

Proven Track Records and Future Synergies

Both partners bring formidable track records to the table. UP.Partners’ portfolio already includes some of the most dynamic companies shaping the future of movement. Among them is Beta Technologies, a leader in electric aviation that recently raised over $300 million and opened a new manufacturing facility capable of producing 300 aircraft annually for clients like UPS and the U.S. Air Force. Other notable investments include Skydio, the nation’s leading autonomous drone manufacturer, and frontier players like Noble Machines in humanoid robotics.

Beyond direct investment, UP.Partners has demonstrated a knack for catalyzing regional innovation ecosystems. Its UP.Abundance initiative, a partnership with the New Mexico State Investment Council, has helped deploy over $1 billion from top-tier venture firms into the state. This effort was instrumental in attracting Pacific Fusion, which is building a $1 billion fusion reactor demonstration facility in New Mexico.

TWG Global, meanwhile, is far more than a silent financial backer. Founded with a mandate to champion AI, the company has become a founding member of MIT's Generative AI Impact Consortium and partnered with Palantir to develop AI tools for the financial industry. Its own investment portfolio includes ambitious deep-tech companies like reusable rocket builder Stoke Space and advanced AI pilot developer Shield AI. The potential for synergy between the two organizations is immense. TWG Global’s interests in financial services and insurance could provide novel risk modeling and financing solutions for the capital-intensive startups UP.Partners funds. Its ownership of iconic sports franchises like the Los Angeles Dodgers and Los Angeles Lakers offers a unique testbed for new technologies in broadcasting, venue management, and fan engagement.

Beyond Funding: A Platform for Transformation

This alliance is explicitly structured to be a “full-platform” partnership. For the startups in UP.Partners’ portfolio, TWG Global’s diverse holdings represent a vast, built-in market of potential customers and strategic partners. A logistics robotics company could find an immediate client within TWG’s supply chain interests; a sustainable materials company could partner with its manufacturing arms; and an autonomous drone company could revolutionize media coverage for its sports properties.

This integrated approach aims to de-risk and accelerate the path to commercialization for technologies that are often capital-intensive and face long development cycles. By providing not just capital but also industry expertise, strategic guidance, and a ready-made ecosystem for deployment, the partnership between UP.Partners and TWG Global is set to become a defining force in the physical technology landscape.

The collaboration will actively seek out companies pushing the boundaries of how we build factories, move goods, and interact with intelligent machines, fueling the next generation of solutions that promise a more connected, efficient, and sustainable physical world.