Physical Intelligence in talks to raise $1 billion at $11 billion valuation
Published on: March 28, 2026, 2:03 p.m. | Source: The Economic Times
This round of funding for the startup, founded in 2024 by AI researchers, including former Google DeepMind scientists, and focussed on developing advanced AI models for robots, comes just four months after the last fundraise. Existing investors Thrive Capital and Lux Capital may participate in the round. Per reports, while Founders Fund is expected to join the round, Lightspeed Venture Partners is in discussions to invest.
