Physical Intelligence records USD 1.05B Series C at USD 11.19B post-money valuation
Physical Intelligence completed a USD 1.05 billion Series C on May 21, 2026 at a certificate-derived USD 11.19 billion post-money valuation.
Evidence notes
- Forge certificate data reports a USD 502.90 price per share and USD 11.19 billion post-money valuation.
- Founders Fund, Lightspeed Venture Partners, Lux Capital and Thrive Capital are identified as key investors in the financing.
- The completed round follows the company's USD 600 million Series B at a USD 5.6 billion post-money valuation in November 2025.
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.