PhysicsX

PhysicsX, a UK-based AI-native engineering platform, has secured a £225m Series C funding round led by Temasek, valuing the company at £1.8bn.

Summary of transaction details:

• Value: £225m
• Sector: DeepTech & AI
• Advisor: None
• Key Entities: PhysicsX, Temasek, British Business Bank
• Location: UK

Note: The funding will accelerate PhysicsX's global growth, expansion of its platform capabilities, and frontier research, and demonstrates the potential for pension fund capital to flow into the UK's technology leaders.