Tech Company Financing Transactions

P-1 Funding Round

P-1 closed a $23 million Seed funding round on 4/29/2025. Backers included Radical Ventures, private investors and Lerer Hippeau.

Transaction Overview

Company Name

P-1

Announced On

4/29/2025

Transaction Type

Venture Equity

Amount

$23,000,000

Round

Seed

Investors

Radical Ventures (Lead Investor)

private investors (Bob Luijt)

private investors (Jeff Dean)

private investors (Peter Welinder)

Lerer Hippeau

Schematic Ventures

Village Global

Proceeds Purpose

The company intends to use the funds to expand operations and its development efforts.

Company Information

Company Status

Private & Independent

Industry

Engineering

Mailing Address

1151 Cottonwood Ranch Court
Henderson, NV 89052
USA

Phone

Undisclosed

Website

www.p-1.ai

Email Address

[email protected]

Overview

P-1 AI is a U.S.-based startup focused on developing an artificial general engineering intelligence (AGEI) platform. Their goal is to enable the design of physical systems with unprecedented efficiency and complexity by integrating geometry and function through an autonomous AI agent. This agent learns from synthetic training data and real-world feedback, surpassing existing foundation models.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Paul Eremenko

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.

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