PhysicsX, a London-headquartered company at the forefront of industrial innovation, has raised €117.3 million in Series B funding. The company aims to accelerate global growth and drive the adoption of its enterprise AI platform across industries that form the backbone of the global economy.
A Strong Backing from Global Investors
The Series B round attracted top-tier investors. Atomico led the funding, with Temasek, Siemens, Applied Materials, and July Fund joining in. Existing investors such as General Catalyst, NGP, Radius Capital, Standard Investments, and Allen & Co also reinforced their commitment. This diverse mix of backers reflects confidence in PhysicsX’s vision and its potential to transform how industries approach complex engineering challenges.
Laura Connell, Partner at Atomico, expressed excitement about the partnership. She said, “PhysicsX is unlocking a new engineering paradigm. They’re not just shortening design cycles, lowering costs, and accelerating innovation: they’re empowering engineers to solve problems that were previously beyond human intuition. We’re proud to lead this investment and support PhysicsX in shaping the future of software-defined engineering.”
Founders with Deep Industrial and AI Expertise
PhysicsX emerged in 2023 from the shared vision of Jacomo Corbo and Robin Tuluie. Both co-founders brought unmatched expertise to the table. Corbo, former Chief Scientist and co-founder of QuantumBlack (AI by McKinsey), also served as Chief Race Strategist at Renault (Alpine) F1. Tuluie contributed his experience as former Head of R&D at Renault (Alpine) F1, Vehicle Technology Director at Bentley Motors, and senior leader at Mercedes F1.
Together, they set out to redefine the engineering software stack. PhysicsX builds AI tools that enhance every stage of the engineering lifecycle, allowing advanced manufacturing companies to tackle their hardest problems with speed and precision.
The Urgency of Industrial Innovation
PhysicsX believes that industries like aerospace, defense, automotive, semiconductors, materials, and energy face an urgent need for innovation. These sectors support economies worldwide, drive sustainability transitions, and anchor national sovereignty. Yet, companies in these fields struggle with resource limitations, skills gaps, and rising complexity.
Jacomo Corbo highlighted this challenge. He said, “The tectonic plates of the whole global economy are being reshaped by industrial manufacturing. Geopolitical currents and the questions of sovereignty and supply chain resilience are most strongly felt here. At the same time, innovation within these fields has never been more urgent. We’re building into that unmet need and bringing new software and AI capabilities to fundamentally overhaul what engineering looks like today and transform how hardware innovation is executed.”
PhysicsX’s Solution: AI-Native Engineering Software
PhysicsX develops AI-native engineering software that closes the gap between growing industrial demands and traditional capabilities. The company equips manufacturers with tools that compress timelines, enhance performance, reduce waste, and unlock entirely new machine categories.
By fusing deep industrial expertise with advanced AI, PhysicsX allows engineers to address challenges once thought unsolvable. The platform helps users accelerate design cycles, cut costs, and explore innovative approaches that stretch beyond human intuition.
Paul Kwan, Managing Director at General Catalyst, described this transformation clearly. “PhysicsX is a developer-first AI platform that redefines what’s possible for engineers. Since our investment nearly two years ago, PhysicsX has significantly scaled their team and solutions to help the world’s advanced industries better design, build, and operate their most critical and complex systems.”
Rapid Growth Since Series A
Since its Series A in November 2023, PhysicsX has scaled operations at an impressive pace. The company grew to a team of over 150 and quadrupled its revenue over two years. This momentum positioned PhysicsX to pursue ambitious global expansion.
The new €117.3 million infusion raises the company’s total funding to nearly €147.7 million. PhysicsX will use this capital to expand internationally, fast-track product development, and build more powerful physics foundation models that will advance industrial AI even further.
Siemens Backs the Vision
Siemens, a leader in industrial technology, participated in the Series B and expressed strong support for PhysicsX’s mission. Peter Koerte, Member of the Managing Board, Chief Technology Officer, and Chief Strategy Officer at Siemens, shared the company’s conviction.
He said, “The convergence of industrial expertise and AI capabilities is unleashing extraordinary potential to revolutionise how we design, simulate, and manufacture. Our strategic investment in PhysicsX builds on our successful collaboration in developing AI-based deep physics simulations and underscores our conviction in their ability to accelerate industrial innovation.”
Koerte emphasized how PhysicsX’s European roots and global ambitions align with Siemens’ vision. He added, “PhysicsX, with its strong European roots, can drive global transformation in industrial AI while building on Europe’s industrial strength and world-class AI talent pool to create solutions that will define the future of manufacturing, particularly in mission-critical applications where performance and reliability are paramount.”
A New Era for Engineering
PhysicsX’s mission goes beyond incremental improvements. The company wants to reshape how engineers approach hardware innovation. By integrating AI at every stage of the engineering process, PhysicsX empowers manufacturers to solve problems faster, smarter, and with greater impact.
The company already partners with major players in aerospace, defense, automotive, semiconductors, materials, and energy. These partnerships focus on solving critical challenges that affect global supply chains, sustainability goals, and national security priorities.
The Road Ahead
With fresh capital and strong backing, PhysicsX will push ahead with global expansion. The company plans to grow its customer base, enhance its product suite, and continue developing foundational AI models that set new standards for industrial engineering.
PhysicsX believes that software-defined engineering represents the future. The company stands at the intersection of AI and industrial manufacturing, ready to help industries worldwide navigate a fast-changing landscape and build the next generation of machines, vehicles, and systems.
A Transformative Vision
PhysicsX shows what happens when visionary leadership, AI expertise, and deep industrial knowledge come together. The company’s journey reflects the growing importance of AI in solving the world’s most complex hardware challenges.
As PhysicsX continues to scale, it promises to help industries shorten timelines, reduce costs, enhance product performance, and unlock new possibilities — all while meeting the urgent demands of today’s global economy.
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