PhysicsX, a company that delivers AI software for engineering, has recently closed a successful $32 million Series A funding round. Investors included General Catalyst, Standard Industries, NGP Energy, Radius Capital, and KKR co-founder and co-executive Chairman, Henry Kravis.
PhysicsX's products are designed to accelerate accurate physics simulation, enable generative engineering solutions, and make complex engineering across industries more accessible. The company aims to accelerate some of the most time-consuming activities in the engineering process while making it easier for engineers to design and iterate on their products.
The company was founded by Robin Tuluie and Jacomo Corbo, and has a team of over 50 simulation engineers, machine learning and software engineers, and data scientists with backgrounds spanning numerical physics, enterprise AI, and advanced engineering, including experience in Formula One.
According to Tuluie, "engineering design processes were transformed by numerical simulation and the availability of high-performance compute infrastructure. The move from numerical simulation to deep learning represents a similar leap and will unlock new levels of product performance and ways of practicing engineering itself.
The funding will accelerate PhysicsX's growth across customer delivery, product, and fundamental research. With this investment, the company can continue to expand its services and bring more innovative solutions to its customers. The Series A funding round is a significant milestone for PhysicsX as it continues to make its mark in the AI engineering software industry.
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