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Physical Intelligence Seeks $20 Billion Valuation in Funding Talks
Oct 27, 2026
Physical Intelligence is discussing a funding round of at least $1 billion that would value the robotics AI startup at about $20 billion.
Physical Intelligence is discussing a funding round of at least $1 billion at a valuation of about $20 billion, Bloomberg reported, according to Quartz. Existing investors Avenir Growth and Lux Capital are in talks to lead the round.
The robotics AI startup secured funding at an $11.5 billion valuation earlier in 2026. Bloomberg reported the company has no revenue. Physical Intelligence, Avenir and Lux did not respond to requests for comment.
Physical Intelligence develops AI software that lets robots perform different tasks across hardware from multiple manufacturers. It began allowing outside developers to access and adapt its newest robotics models in beta this month.
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