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PhysicsX Funding Rounds & Valuation History (2023–2026)

Private Valuation & Funding Round Tracker · PhysicsX

PhysicsX funding rounds & valuation history

PhysicsX, the London company building physics AI models and software that simulate and optimise engineering designs for aerospace, automotive, semiconductor and other industrial customers. Funding from the Series A (Nov 2023) to the Series C (Jun 2026), sourced to PhysicsX, PitchBook and TechCrunch.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
Last closed round Closed
About $2.4B
$300M Series C, Jun 2026
Raised in rounds listed
$467M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$300M
Series C, Jun 2026
Closed rounds listed
3
Nov 2023 to Jun 2026

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
PhysicsX funding rounds, Nov 2023 to Jun 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series CNew investors M&G Investments and Intrepid Growth Partners; existing investors including Applied Materials, Atomico, General Catalyst, July Fund and NGP (PhysicsX).
$300M
Temasek
About $2.4BStated by PhysicsX (approximate)
—Not disclosedNo run-rate stated in the announcement
Closed round
Series BWith Temasek, Siemens, Applied Materials and July Fund.
$135M
Atomico
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Closed round
Series AStandard Investments, NGP, Radius Capital and Henry Kravis also participated.
$32M
General Catalyst
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Amount raised in each closed round

Amounts raised, not valuations: fewer than two closed rounds have a disclosed valuation.

Sources: PhysicsX, PitchBook, TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 27 Nov 2023 · Closed

    Series A: $32M led by General Catalyst.

  2. 22 Jun 2025 · Closed

    Series B: $135M led by Atomico.

  3. 8 Jun 2026 · Closed

    Series C: $300M at About $2.4B led by Temasek.

Still private: PhysicsX has not filed for an IPO and has not been acquired.

Cite this dataset

Free to quote with a link back. Copy this citation:

PhysicsX Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/physicsx/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
physicsx-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/physicsx-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Grants and secondary sales. PhysicsX announces in US dollars; no currency conversion applied.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. PhysicsX: PhysicsX Announces $300M Series C to Accelerate Physics AI for Industrial Engineering, 8 Jun 2026
  2. PitchBook: PhysicsX's $300M Series C signals growing VC bet on industrial AI, Jun 2026
  3. PhysicsX: PhysicsX Raises $135M Series B to Usher in a New Era of AI-Native Engineering and Manufacturing, 22 Jun 2025
  4. PhysicsX: PhysicsX Raises $32M to Give Engineers AI Superpowers to Accelerate Design of Advanced Technologies, 27 Nov 2023
  5. TechCrunch: PhysicsX emerges from stealth with $32M for AI to power engineering simulations, 27 Nov 2023