Summary
PhysicsX, a UK AI company specialising in an AI-native engineering platform for industrial sectors, has successfully closed a Series C funding round, raising £225 million. This investment values the firm at £1.8 billion and is set to propel its global growth and advanced research into physics AI models.
Summary of transaction details:
- Value: £225,000,000
- Sector: DeepTech & AI
- Advisor: Not disclosed
- Key Entities: Target Company: PhysicsX, Lead Investor: Temasek, Participating Investors: M&G Investments, Intrepid Growth Partners, Applied Materials, Atomico, General Catalyst, July Fund, NGP, NVIDIA, Radius, Siemens
- Location: United Kingdom (Headquarters in London, offices in New York, expanding presence in San Francisco’s Bay Area and Singapore)
Note: This significant capital injection will enable PhysicsX to further develop its AI models that predict physical behaviour rapidly, thereby accelerating hardware innovation and manufacturing productivity across critical industrial sectors such as aerospace & defense, energy, and semiconductors.
Lead Investor / Acquirer
Temasek
Advising Broker
Undisclosed Firm
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Original Source
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