Airbnb, Deliveroo And Stripe Investor Backs This London Genai Startup In A $32M Funding Round
11/29/23, 11:06 AM
Location
Money raised
$32 million
Industry
software
Investors
Caps Reset, Escape, Kkr Co Founder And Co Executive Chairman, Henry Kravis, Radius Capital, Ngp, Standard Investments, General Catalyst
Now, London-based PhysicsX, a startup bringing the power of generative AI to enable engineering in advanced industries including automotive, aerospace, renewables, and materials production, raised $32M in a Series A round led by General Catalyst (known for investments in Airbnb, Deliveroo, Stripe and more). Standard Investments, NGP, Radius Capital, and KKR co-founder and co-executive chairman, Henry Kravis, also participated in the round.
Company Info
Location
london, england, united kingdom
Additional Info
PhysicsX is a deep-tech company of scientists and engineers, developing machine learning applications to massively accelerate physics simulations and enable a new frontier of optimization opportunities in physical design and engineering.
Born out of numerical physics and battle-hardened in Formula One, we help our customers radically improve their concepts and designs, transform their engineering processes and drive operational product performance. We do this in some of the most advanced and important industries of our time – including Space, Aerospace, Medical Devices, Additive Manufacturing, Electric Vehicles, Motorsport, and Renewables. We work at the edge of advanced CAE, physics simulation and machine learning, to solve our customers’ most difficult design and control problems.