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PhysicsX
Value £225,000,000

PhysicsX

VC Funding
Series C £100m+ Angel-backed
DeepTech & AI Published 10 June 2024

Summary

PhysicsX, a London-based AI engineering platform specialising in AI-native physics simulation, has successfully secured £225 million in a Series C funding round.

Summary of transaction details:

  • Value: £225,000,000 GBP
  • Sector: DeepTech & AI
  • Advisor: N/A
  • Key Entities:
    • Target: PhysicsX
    • Investors: Temasek, M&G Investments, Intrepid Growth Partners, Applied Materials, Atomico, General Catalyst, July Fund, NGP, NVIDIA, Radius, Siemens
  • Location: London, UK

Note: This substantial Series C funding highlights growing investor confidence in PhysicsX's innovative AI-driven physics simulation platform, which is designed to significantly accelerate hardware development across vital sectors such as aerospace, defence, semiconductors, and automotive manufacturing.

Original Source

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