Tech Company Financing Transactions
PhysicsX Funding Round
PhysicsX, based in London, England, secured $32 million from General Catalyst, KKR and NGP.
Transaction Overview
Company Name
Announced On
11/27/2023
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its growth across customer delivery, product, and fundamental research, build out its product engineering arm, and expand its research arm to advance its AI models and methods.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
67-71 Shoreditch High Street
London, England, E1 6JJ
UK
London, England, E1 6JJ
UK
Phone
Undisclosed
Website
Email Address
Overview
PhysicsX is building AIs to enable breakthrough engineering across advanced industries. These are a new class of AI-first digital engineering solutions that dramatically accelerate accurate physics simulation, enable generative engineering designs, vastly accelerate some of the most time-consuming activities in the engineering process, and make complex engineering more accessible. Taken together, they offer our customers a new frontier of optimization opportunities for engineering, manufacturing, and operations for complex machines.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robin Tuluie
Co-Founder
Jacomo Corbo
Co-Founder
Nicolas Haag
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