PhysicsX Raises $300M At $2.4B Valuation To Scale AI For Industrial Engineering

The round was led by existing investor Temasek, with participation from Applied Materials, Nvidia, Atomico, General Catalyst, Siemens, and new investors M&G Investments and Intrepid Growth Partners.

Founded by former Formula 1 engineers, PhysicsX develops AI-driven engineering software that accelerates product design and simulation for manufacturing and defence industries. Its platform addresses bottlenecks in complex engineering workflows, where traditional simulation processes are slow, costly, and difficult to scale.

The company’s AI models can predict physical behaviour in seconds instead of hours or days, enabling engineers to explore more design variations and improve decision-making across the full product lifecycle, from design to manufacturing and real-time digital twins.

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PhysicsX operates across aerospace, defence, semiconductors, automotive, energy and advanced manufacturing sectors. It currently employs around 350 people and has seen rapid growth, doubling revenue year-on-year and tripling booked revenue, while significantly expanding its customer base.

The latest funding will support platform development, advanced AI research and global expansion, including scaling in the US and opening a new office in Singapore, as well as advancing its development of Large Physics Models for industrial applications.

Jacomo Corbo, co-founder & CEO of PhysicsX, said: "Almost every hard problem in the physical economy better aircraft, better chips, better engines, better energy systems comes down to how fast and how well engineers and machine operators can work through the underlying physics. For decades, that has been the binding constraint on hardware innovation. Physics AI removes it.

“We are giving engineers the ability to explore thousands of designs where they once managed a handful, in seconds rather than weeks, across the most demanding industries in the world."

About PhysicsX

PhysicsX is a physical AI company accelerating innovation in engineering and manufacturing. It builds an AI-driven software stack that transforms the entire engineering lifecycle. The company partners with aerospace, automotive, semiconductors, energy, and materials leaders, helping solve complex challenges. Headquartered in the UK it operates from London and New York.