In a significant boost to the AI and engineering sector, Singapore's state investor Temasek has joined a $135 million Series B funding round for PhysicsX, a London-based startup focused on AI-driven solutions for advanced manufacturing and engineering. The round, led by Atomico, also saw participation from notable investors such as Siemens, Applied Materials, and the July Fund, alongside returning backers like General Catalyst and NGP.
Founded to accelerate industrial innovation, PhysicsX leverages artificial intelligence to transform industries such as aerospace, automotive, and energy. The company's cutting-edge software platform aims to enhance design and manufacturing processes by integrating AI-native engineering tools, paving the way for faster and more sustainable innovation.
The fresh capital will be used to further develop PhysicsX’s engineering software platform, expand its reach across key industrial sectors, and strengthen its position as a leader in AI-first engineering solutions. This investment underscores the growing importance of AI in solving complex industrial challenges.
Temasek’s involvement highlights its continued commitment to backing transformative deep-tech and AI startups globally. The Singaporean investor has been actively supporting innovative companies that align with its vision of sustainable and technological advancement.
PhysicsX’s latest funding round brings it closer to a potential unicorn status, with reports suggesting a valuation nearing $1 billion. This milestone reflects the high confidence investors have in the startup’s ability to disrupt traditional engineering and manufacturing paradigms.
As industries worldwide increasingly adopt AI-driven technologies, PhysicsX is poised to play a pivotal role in shaping the future of manufacturing. With this significant financial backing, the UK startup is set to accelerate its mission of delivering groundbreaking solutions to global challenges.
Andrew Lee
