London Based PhysicsX AI Raised $32M Series By General Catalyst

London Based PhysicsX AI Raised $32M Series By General Catalyst

London-based, PhysicsX, an AI company that uses artificial intelligence to power advanced industries like aerospace, automotive, and engineering works raised $32 Million led by General Catalyst in Series A funding.

The round was actively participated by NGP, Standard Industries, KKR co-founder and co-executive chairman, and Radius Capital. After this funding round General Catalyst XIR Jim has joined the Board of Directors. Founder Jacomo Corbo and Robin Tuluie said that Jim brings his 25 years of experience in growing and managing tech businesses.

PhysicsX will use these funds to accelerate growth and expand its operations. Moreover, Jacomo said that Jeremy Palmer (ex Senior Partner at McKinsey and ex CEO & Chairman of QuantumBlack) also joined PhysicsX as Chairman.

PhysicsX is a modern tech and AI company consisting of engineers and data scientists that develop AI models to power new-age engineering products. PhysicsX working to expand its research department to advance its methods to solve customer problems.

Also Read: Arch Raised $20m In Series A By Menlo Ventures

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