# PhysicsX
PhysicsX is a London-based industrial artificial intelligence startup founded in 2019 that builds deep-learning models of physical systems, replacing conventional engineering simulations that take hours or days with predictions delivered in seconds. The company sells an AI-native engineering platform to the aerospace and defense, semiconductors, industrial machinery, automotive, energy, and materials industries.[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) It remained an operating, privately held UK company as of July 2026, when the British Business Bank invested $25 million as part of its Series C financing.[2](https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-invests-25m-investment-physicsx-including-fourth-investment-british-growth)
| Fact | Detail |
|---|---|
| Founded | 2019, by Jacomo Corbo and Robin Tuluie, both former Formula 1 engineers[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation) |
| Headquarters | United Kingdom, with offices in London and New York and an expanding presence in the Bay Area and Singapore[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) |
| Sector | Industrial AI: physics simulation accelerated by deep learning[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) |
| Largest round | $300 million Series C led by Temasek, 8 June 2026, at a valuation of approximately $2.4 billion[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) • [4](https://www.bloomberg.com/news/articles/2026-06-08/startup-physicsx-hits-2-4-billion-valuation-to-provide-ai-for-manufacturing) |
| Earlier rounds | $32 million Series A led by General Catalyst (2023); $135 million Series B led by Atomico (2025)[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation) • [5](https://pitchbook.com/news/articles/physicsxs-300m-series-c-signals-growing-vc-bet-on-industrial-ai) |
| Notable investors | Temasek, General Catalyst, Atomico, NVIDIA, Applied Materials, Siemens, M&G, Intrepid Growth Partners, British Business Bank[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) • [2](https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-invests-25m-investment-physicsx-including-fourth-investment-british-growth) |
| Headcount | More than 300 people as of June 2026, roughly double the year before[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) • [3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation) |
| Status | Active, private, UK-headquartered as of July 2026[2](https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-invests-25m-investment-physicsx-including-fourth-investment-british-growth) |
## History and founding
Jacomo Corbo and Robin Tuluie founded PhysicsX in 2019. Both are former Formula 1 engineers. Corbo was previously chief scientist and co-founder of QuantumBlack, McKinsey's AI division. Tuluie was head of R&D at Renault (Alpine) F1 and vehicle technology director at Bentley Motors.[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation)
The company emerged from stealth in 2023 with a $32 million Series A led by [General Catalyst](https://www.edgepedia.org/general-catalyst).[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation)
## Technology and products
PhysicsX builds an AI-native engineering platform built around what it calls Large Physics Models, physics foundation models that predict the physical behavior of complex systems in near-real time rather than the days or weeks often required by conventional numerical simulation.[2](https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-invests-25m-investment-physicsx-including-fourth-investment-british-growth) The models are trained on raw physical equations, numerical simulations, and geometric data.[5](https://pitchbook.com/news/articles/physicsxs-300m-series-c-signals-growing-vc-bet-on-industrial-ai)
The company says its models predict physical behavior in seconds rather than hours or days, enabling engineering teams to evaluate orders of magnitude more design variants.[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) The platform has been applied to cut aircraft design cycles from months to days.[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation)
## Funding and investors
PhysicsX's disclosed funding rounds are:
- **Series A (2023):** $32 million, led by General Catalyst, at the company's emergence from stealth.[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation)
- **Series B (2025):** $135 million, led by Atomico.[5](https://pitchbook.com/news/articles/physicsxs-300m-series-c-signals-growing-vc-bet-on-industrial-ai)
- **Series C (8 June 2026):** an oversubscribed $300 million at a valuation of approximately $2.4 billion, led by Temasek, with new investors M&G Investments and Intrepid Growth Partners and existing investors including [Applied Materials](https://www.edgepedia.org/applied-materials), Atomico, General Catalyst, July Fund, NGP, NVIDIA, Radius, and Siemens.[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) Bloomberg independently reported the round, naming M&G Catalyst among the new investors alongside earlier backers including Nvidia and Applied Materials.[4](https://www.bloomberg.com/news/articles/2026-06-08/startup-physicsx-hits-2-4-billion-valuation-to-provide-ai-for-manufacturing)
- **Series C extension (30 July 2026):** a $25 million investment from the British Business Bank, the fourth investment by British Growth Partnership Fund I since its £200 million first close.[2](https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-invests-25m-investment-physicsx-including-fourth-investment-british-growth)
PitchBook reported that the Series C more than doubled the company's valuation from the $135 million Series B a year earlier, and framed the round as part of a growing venture bet on industrial AI.[5](https://pitchbook.com/news/articles/physicsxs-300m-series-c-signals-growing-vc-bet-on-industrial-ai) Temasek had first invested in PhysicsX in 2025 and, according to the company, has supported its international expansion.[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1)
## Business, customers and traction
The traction figures below are company claims, not independently audited numbers. PhysicsX reports that it doubled year-over-year recognized revenue, tripled booked revenue, and more than doubled its customer count over the past year.[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) In an interview with the [Financial Times](https://www.edgepedia.org/financial-times), chief executive Jacomo Corbo said the company is "very supply-side limited", is moderating its rollout to existing customers because of demand, and expects semiconductors to become its largest industry segment this year.[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation)
No source in the public record names specific PhysicsX customers or discloses absolute revenue, profitability, or customer-count figures.
## Recent developments
The arc from late 2023 to mid-2026 runs from stealth to scale. In 2023 the company emerged from stealth with a $32 million Series A.[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation) In 2025 it raised a $135 million Series B led by Atomico, and Temasek made its first investment.[5](https://pitchbook.com/news/articles/physicsxs-300m-series-c-signals-growing-vc-bet-on-industrial-ai) • [1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) In June 2026 the $300 million Series C valued the company at about $2.4 billion.[1](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1) Over the year to June 2026 headcount grew from 150 to 350 employees, revenue more than quadrupled over two years, and the company planned US expansion and a new Singapore office while remaining headquartered in London.[3](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation) In July 2026 the British Business Bank added $25 million to the Series C.[2](https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-invests-25m-investment-physicsx-including-fourth-investment-british-growth)
## References
1. [PhysicsX Announces $300M Series C to Accelerate Physics AI for Industrial Engineering](https://www.physicsx.ai/newsroom/physicsx-announces-300m-series-c-to-accelerate-physics-ai-for-industrial-engineering?from_theconsensus=1)
2. [British Business Bank invests $25m in PhysicsX](https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-invests-25m-investment-physicsx-including-fourth-investment-british-growth)
3. [PhysicsX hits $2.4bn valuation as Temasek leads $300m round](https://thenextweb.com/news/physicsx-temasek-300m-series-c-ai-simulation)
4. [Startup PhysicsX Hits $2.4 Billion Valuation to Provide AI for Manufacturing](https://www.bloomberg.com/news/articles/2026-06-08/startup-physicsx-hits-2-4-billion-valuation-to-provide-ai-for-manufacturing)
5. [PhysicsX's $300M Series C signals growing VC bet on industrial AI](https://pitchbook.com/news/articles/physicsxs-300m-series-c-signals-growing-vc-bet-on-industrial-ai)
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*Initially written Sep 17, 2026 · Edited: Oct 11, 2026; Oct 15, 2026*
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