Event
Physical Intelligence in Talks for at Least $1 Billion in New Funding
4 reports · 3 sources
U.S. robotics AI company Physical Intelligence is in talks for a new funding round of at least $1 billion, with existing investors Avenir and Lux Capital considering leading the round. If the deal closes, its post-money valuation is expected to be about $20 billion, nearly double the $11.5 billion from earlier this year. The company currently has no commercial revenue and has not mass-produced its own robots; its core focus is general-purpose robot foundation models that adapt to third-party hardware. It has iterated from π0 to π0.7 and this month launched a beta API for its robot foundation model, offering model fine-tuning and inference services.
Report timeline
- US capital is buying "brains," Chinese capital is pushing robot shipments
US capital is pricing robot "brains" with a platform logic: Physical Intelligence is negotiating at least $1 billion in funding at a target valuation of about $20 billion, with no public revenue yet; its π-series models and Beta-stage Pi API follow a general-purpose model approach.
OFweek Robotics ·
- Physical Intelligence in talks for $1 billion new funding at a target valuation of about $20 billion
Foreign media report that Physical Intelligence is in talks for a new funding round, planning to raise at least $1 billion at a target valuation of about $20 billion, more than 8 times its $2.4 billion valuation in November 2024. The company was founded in 2024, develops the π series of robot models, and opened a beta version of the Pi API on October 13. The article also compares Skild AI: 10 months of formal commercial deployment, more than 60 paying customers, ARR exceeding $100 million, and cumulative recognized revenue of $50 million.
OFweek Robotics ·
- US Capital Values Zero-Revenue PI at $20 Billion, Chinese Capital Pushes Robot Shipments: Two Sets of Embodied Intelligence Pricing Logic
Physical Intelligence, a robotics AI company founded just over two years ago with no publicly disclosed revenue, is in talks to raise at least $1 billion at a target valuation of about $20 billion, with existing investors Avenir and Lux Capital likely to lead the round.
钛媒体 ·
- Physical Intelligence in talks for at least $1 billion in new funding at a valuation of up to $20 billion
US robotics AI company Physical Intelligence is in talks for a new funding round of at least $1 billion, with a post-money valuation expected at about $20 billion, a sharp rise from its $5.6 billion valuation last November. The company has no commercial revenue to date and has not mass-produced its own robots; its core focus is general-purpose robot foundation models that adapt to third-party hardware. It has iterated from π0 to π0.7 and this month launched a beta API for its robot foundation model, offering model fine-tuning and inference services.
量子位 ·