Next Gen Engineering AI Gets $135M Vote of Confidence
British artificial intelligence firm PhysicsX has announced a major milestone, raising $135 million in its Series B funding round.
This latest investment brings the startup’s total funding to nearly $175 million, positioning it among the UK’s most valuable deep tech ventures, with a valuation approaching $1 billion.
The round was spearheaded by European VC firm Atomico, with participation from major international players including Temasek (Singapore), Siemens, Applied Materials, and July Fund.
Returning investors such as General Catalyst, NGP Capital, Radius Capital, Standard Investments, and Allen & Company also reinforced their support in this round.
Reinventing Engineering with AI
PhysicsX specializes in applying AI to complex engineering simulations across sectors like aerospace, automotive, energy, materials science, and semiconductors.
Rather than replacing engineers, their technology augments design workflows reducing development cycles, prototyping costs, and simulation overhead.
Their proprietary “physics foundation models” are built to capture the laws of physics in digital form, helping companies predict, optimize, and simulate engineering systems faster than ever.
Notably, the company counts industrial leaders like Leonardo Aerospace and Rio Tinto among its early adopters.
Scaling Up: What Comes Next?
With this new funding, PhysicsX aims to:
- Expand its presence across Europe, North America, and Asia
- Accelerate development of its AI powered simulation infrastructure
- Grow its technical and commercial teams to meet rising industry demand
CEO Jacomo Corbo sees the momentum as part of a broader shift in industrial priorities:
“We’re witnessing a global resurgence in manufacturing, and AI is no longer an experiment it’s fast becoming the backbone of modern industry. Our goal is to embed intelligence into every layer of the engineering stack.”
