Physical Intelligence in Talks to Raise Funding at About $20 Billion Valuation
Robotics AI startup Physical Intelligence is reportedly negotiating a funding round of at least $1 billion that would nearly double its valuation to roughly $20 billion, with existing backers Avenir and Lux Capital in talks to lead it.
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| Oct 27, 1:20 PM | techmeme.com | Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 (Bloomberg) |
| Oct 27, 1:12 PM | qz.com | Robotics AI startup Physical Intelligence is seeking a valuation of about $20 billion |
| Oct 27, 12:43 PM | bloomberg.com | Robotics Lab Physical Intelligence in Talks for a $20 Billion Valuation |