Physical Intelligence in talks to raise $1B+ led by Avenir and Lux Capital
Physical Intelligence, an AI robotics startup, is reportedly in talks to raise more than $1B. The round would be led by investors Avenir and Lux Capital and would value the company at roughly $20B, up from an earlier $11.5B valuation in 2026.
Key points
- Physical Intelligence seeks $1B+ funding
- Avenir and Lux Capital to lead the round
- Valuation rises to ~$20B from $11.5B in 2026
The funding would support the company’s work on artificial‑intelligence software that powers robots for real‑world tasks. No details are yet available on the exact use of the capital or the timing of the close.
The announcement comes as the robotics sector seeks more capital to accelerate deployment of autonomous systems in manufacturing, logistics and other industries.
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