PhysicsX Secures $300 Million In Series C Round Led By Temasek At $2.4 Billion Valuation

PhysicsX, a London-based physics AI company, has raised $300 million in a Series C round at a $2.4 billion valuation. The funding round was spearheaded by Temasek, with contributions from M&G Investments, Intrepid Growth Partners, and existing investors such as Applied Materials, Atomico, General Catalyst, July Fund, NGP, NVIDIA, Radius, and Siemens.

Summary of transaction details:

• Deal Type: Series C
• Transaction Amount: $300,000,000
• Company Valuation: $2,400,000,000
• Headquarters: London, United Kingdom
• Founders: Robin Tuluie & Jacomo Corbo
• Key Investors: Temasek, M&G Investments, Intrepid Growth Partners, Applied Materials, Atomico, General Catalyst, July Fund, NGP, NVIDIA, Radius & Siemens

Led by CEO Jacomo Corbo, PhysicsX aims to utilize the new funding to enhance its global presence, scale its platform capabilities, and further research in “Large Physics Models” targeting industrial engineering sectors such as aerospace, automotive, semiconductors, materials, and energy.