Physical Intelligence raises $400M at a $2.4B valuation

Physical Intelligence

Physical Intelligence raised $400 million at $2.4 billion post-money valuation from investors including Jeff Bezos, OpenAI, Thrive Capital and Lux Capital. The round was about six times the valuation of its seed round only months earlier.

• Series A: $400 million at $2.4 billion valuation from major investors.
• Key backers: Jeff Bezos, OpenAI, Thrive Capital, and Lux Capital.
• Raised ~6x its seed-round valuation within fewer than nine months of founding.
• Founded by Adnan Esmail, Brian Ichter, Karol Hausman, and others; focus on general-purpose robot AI.