United States · Series B startup

Who invested in Physical Intelligence

3 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIRobotics

Raised 7 months agoValuation: $5.6B, Mar 2026

Funding summaryUpdated 5 Nov 2026

$2.0Braised across 3 rounds since 2024, from 6 sources

$400MRound$600MSeries B$1.0BRound
Latest round
Round, $1.0BMar 2026
Step-upi
1.7×
Investors
14 (4 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20252026
$400MRound$600MSeries B$1.0BRound
First round
Round, $400M
Nov 2024
Biggest round
$1.0B
Round · Mar 2026
Usual gap between rounds
12 months
the median of 2

The rounds

  1. Mar 2026
  2. Nov 2025
  3. Nov 2024

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Lux CapitalVC firm3rounds, led 1
Thrive CapitalAccelerator2rounds, led 1
BondGrowth equity2rounds
Bezos ExpeditionsFamily office1round, led 1
Jeff BezosAngel1round, led 1
Sequoia CapitalVC firm1round
General CatalystVC firm1round
Khosla VenturesVC firm1round
Founders FundVC firm1round
Index VenturesVC firm1round
RedpointVC firm1round
Thrive CapitalFamily office1round
OpenAIVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 7 firms list Physical Intelligence as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

AvenirVC firmPer its own site
Positive SumPrivate equityPer its own site
Alkeon CapitalVC firmPer its own site
AvraVC firmPer its own site
ANTI FUNDVC firmPer its own site
Factorial FundsVC firmPer its own site
CoreNest CapitalVC firmPer its own site

Quick answers about Physical Intelligence

Who invested in Physical Intelligence?

Physical Intelligence's investors include Lux Capital, Thrive Capital, Bond, Bezos Expeditions and Jeff Bezos, and 9 more on record.

How much has Physical Intelligence raised?

Physical Intelligence has raised $2.0B across 3 rounds since 2024.

When did Physical Intelligence last raise?

Physical Intelligence's most recent round, $1.0B, was in Mar 2026.

What was Physical Intelligence's biggest round?

Its most recent round, $1.0B in Mar 2026, is also its largest on record.

Who backed Physical Intelligence first?

Physical Intelligence's first round on record, in Nov 2024, was backed by Lux Capital, Thrive Capital and Bezos Expeditions and 4 others.

What stage is Physical Intelligence at?

Physical Intelligence's latest named round is a Series B, in Nov 2025.

Where is Physical Intelligence based?

Physical Intelligence is based in the United States.

Who led Physical Intelligence's rounds?

Lux Capital led the Undisclosed round in 2024.

Companies like Physical Intelligence

In the same sector, and raised in the last eighteen months.

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