PhysicsX raises $135M at nearly $1B valuation
PhysicsX raised $135 million in a Series B led by Atomico at a reported company valuation of nearly $1 billion.
Why it matters
PhysicsX raised USD 135 million in a Series B led by Atomico to expand its AI-native engineering platform across advanced industrial sectors.
Evidence notes
- Atomico led the Series B, joined by Temasek, Siemens, Applied Materials, July Fund and existing investors.
- The completed financing valued PhysicsX at nearly $1 billion; the reporting did not specify pre-money or post-money basis.
- PhysicsX said the capital would accelerate global growth and development of larger physics foundation models for industrial engineering.
Company context
PhysicsX is a British physical-AI company building engineering simulation, design and digital-twin software for advanced industries.