AI Company PhysicsX Raises $300m in Series C Funding Round

Startup PhysicsX Hits $2.4 Billion Valuation to Provide AI for Manufacturing

PhysicsX, a British startup that develops artificial intelligence models for manufacturing components like jet engines and semiconductors, has raised $300 million at a valuation of roughly $2.4 billion, competing in a crowded field that includes Amazon.com Inc founder Jeff Bezos.

AI company PhysicsX raises $300m in Series C funding round

PhyicsX, a UK AI company, has reached a valuation of more than $2bn amid the closure of an over-subscribed funding round of $300m.

UK AI start-up PhysicsX hits $2.4B valuation following $300M Temasek-led deal (NVDA:NASDAQ)

PhysicsX raises $300M led by Temasek, valuing the AI engineering startup at $2.4B.

PhysicsX raises $135M Series B led by Atomico to bring AI to industrial engineering

PhysicsX has raised a $135M Series B led by Atomico, bringing total funding to nearly $170M, to scale AI software that compresses weeks of engineering simulation into minutes. The London startup has more than quadrupled revenue since its $32M Series A in November 2023 and grown its team to over 150. Siemens and Applied Materials joined as strategic investors. Both are also customers whose tools PhysicsX competes against in some cases. Standard t…

UK AI firm PhysicsX valued at £1.8bn by fresh funding

A UK physics AI company has been valued at a mammoth £1.8 billion by its latest funding round. PhysicsX is developing and deploying its AI-native engineering platform to accelerate hardware innovation and drive engineering and manufacturing productivity in industrial organisations. The firm is headquartered in the United Kingdom, with offices in London and New York, and an expanding presence in San Francisco’s Bay Area and Singapore. The round i…