PhysicsX will accelerate the engineering process with its newly raised $32M

PhysicsX is a UK-based startup that focuses on building AI and simulation technologies that address the needs of breakthrough engineering in advanced industries such as transportation, renewables, and materials production. The company was founded by Robin Tuluie, Jacomo Corbo, and Nicolas Haag, a trio of engineers and computer scientists who combine years of experience in engineering, R&D, and the deployment of machine learning systems. Now, after coming out of stealth with a mission to build AIs that accelerate physics simulation, foster the development of generative engineering solutions, and generally make the engineering process more efficient and accessible, PhysicsX is announcing the closing of its Series A funding round, which raised $32 million.

The funding round was led by General Catalyst, with participation from Standard Investments, NGP, Radius Capital, and Henry Kravis, KKR co-founder and co-executive chairman. General Catalyst Executive in Residence Jim Baum will join the PhysicsX board as part of the funding agreement. Jeremy Palmer, the former Chairman and CEO of QuantumBlack, will also join the board and take on the role of chairman. PhysicsX plans to invest the funding in growing areas such as customer delivery, platform engineering, and fundamental research. In doing so, the startup plans to elevate its capabilities to offer better AI methods and models to its customers, which include some of the most sophisticated industry leaders in engineering and manufacturing.