- Updated: March 28, 2026
- 2 min read
Physical Intelligence Pursues $1 Billion Funding Round, Valuation Surpasses $11 Billion
San Francisco‑based robotics and AI startup Physical Intelligence is reportedly in advanced talks to raise a fresh $1 billion round. The capital infusion would push the company’s valuation beyond $11 billion, underscoring the soaring investor appetite for next‑generation physical AI solutions.
The upcoming round is expected to attract heavyweight venture firms including Founders Fund, Lightspeed Venture Partners, Thrive Capital and Lux Capital. If the funding materialises, it will join the company’s prior financing history, positioning Physical Intelligence among the most capital‑rich AI robotics players.
Physical Intelligence focuses on building “physical intelligence” – robots that can perceive, reason, and act in real‑world environments with a level of adaptability comparable to humans. Its technology stack blends advanced perception, reinforcement learning, and sophisticated hardware design, aiming to accelerate automation across logistics, manufacturing, and service sectors.
Industry analysts view the potential $1 billion raise as a strong vote of confidence in the startup’s roadmap and its ability to commercialise complex robotic systems at scale. The valuation leap also reflects broader market trends where venture capital is aggressively backing AI‑driven robotics ventures.
Read the original story on TechCrunch for more details.
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