PhysicsX hits $2.4bn valuation as Temasek leads $300m round for the AI startup that cuts simulation times from days to seconds
TL;DR
London-based PhysicsX raised $300M in a Temasek-led Series C at a $2.4bn valuation, more than doubling in under a year. The F1-founded AI startup cuts engineering simulation from days to seconds and is growing fastest in AI data centre hardware.
London-based PhysicsX has raised $300 million in a Series C round led by Singaporean sovereign wealth fund Temasek, more than doubling its valuation to $2.4 billion, less than a year after its Series B priced the company at just under $1 billion.
The round was oversubscribed. Alongside Temasek, which first invested in PhysicsX during its 2025 Series B, new backers M&G Investments and Intrepid Growth Partners joined. Existing investors including Nvidia, Applied Materials, Atomico, General Catalyst, and Siemens all increased their stakes.
What PhysicsX does
PhysicsX builds an AI-native engineering platformthat replaces conventional physics simulations, which take hours or days, with AI models that deliver results in...
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