PhysicsX, a London-headquartered company accelerating industrial innovation with AI, announced that it has raised $135 million as part of its Series B financing.
The capital raised will accelerate the company’s global growth and the industrial adoption of its enterprise software platform across aerospace & defense, automotive, semiconductors, materials, and energy.
The round was led by Atomico, with participation from Temasek, Siemens, Applied Materials, July Fund, and continued support from existing investors including General Catalyst, NGP, Radius Capital, Standard Investments, and Allen & Co.
Cofounded by Robin Tuluie, formerly Head of R&D at Renault (Alpine) F1 and Mercedes F1 and Vehicle Technology Director at Bentley Motors, and Jacomo Corbo, formerly Chief Scientist and Co-Founder of QuantumBlack (AI by McKinsey) and Chief Race Strategist at Renault (Alpine) F1, PhysicsX is building a new engineering software stack to bring deep AI enablement to the whole engineering lifecycle. The company's mission is to equip advanced manufacturing organizations in critical industries with the tools to solve their hardest challenges at an accelerated pace.
Jacomo Corbo, CEO & Co-Founder of PhysicsX, said, “This round reflects the importance and the needs of the industries that we’re building into. The tectonic plates of the global economy are being reshaped by industrial manufacturing. Geopolitical currents and the questions of sovereignty and supply chain resilience are most strongly felt here. At the same time, innovation within these fields has never been more urgent. We’re building into that unmet need and bringing new software and AI capabilities to fundamentally overhaul what engineering looks like today and transform how hardware innovation is executed.”
PhysicsX’s technology is already embedded in the workflows of engineering and manufacturing organizations, solving high-stakes, real-world problems in the most demanding environments.
Since its Series A in November 2023, PhysicsX has scaled rapidly, growing to a team of over 150 and more than quadrupling revenue. The new $135 million investment brings total funding to nearly $170 million and will enable PhysicsX to aggressively pursue global expansion and fast-track the development of larger, more powerful physics foundation models.
