Physical Intelligence raises $600M round led by CapitalG at $5.6B valuation
Physical Intelligence secured $600 million in a Series B funding round led by CapitalG, with participation from Lux Capital, Thrive Capital, Jeff Bezos, Index Ventures, and T. Rowe Price. The funding round values the company at $5.6 billion, including the newly raised capital. Physical Intelligence develops AI software to enable robots to learn a wide range of tasks, aiming to create a general-purpose 'robot brain'.
Evidence notes
- Physical Intelligence raised $600 million in a new funding round valuing the company at $5.6 billion.
- Bloomberg reported CapitalG led the round, with participation from existing investors including Lux Capital, Thrive Capital, and Jeff Bezos, plus new investors including Index Ventures and T. Rowe Price.
- The financing marked a major follow-on raise for Physical Intelligence as investors accelerated bets on robot foundation models.
Company context
Physical Intelligence develops foundation models and learning algorithms for robots and other physically actuated systems. Its π-series models are designed to generalize across robot embodiments, tasks, and environments using robot data, language instructions, vision-language-action training, reinforcement learning, and multimodal context conditioning.