MoneyThe story, in brief
PhysicsX reels in $300M to speed up hardware design with AI
$300M. PhysicsX just raised a Series C at $2.4B to automate hardware design with AI—backed by Nvidia, Applied Materials, and Temasek.
The KeyNews take
Why it matters
PhysicsX's $2.4B valuation signals major investor confidence in AI-accelerated chip and hardware design. The backing from both chip makers (Nvidia, Applied Materials) and strategic VCs suggests this isn't just a software play—it's infrastructure reshaping how hardware gets engineered, with implications for fab throughput and time-to-market.
The key facts
6 to knowSeries C: $300M
Post-money valuation: $2.4B
Lead investor: Temasek (returning)
Co-investors: Nvidia, Applied Materials, Siemens
Focus: AI-accelerated hardware design
Published: June 8, 2026
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: PhysicsX Ltd, a startup using artificial intelligence to speed up hardware design projects, today announced that it has raised $300 million in funding. Returning investor Temasek led the Series C round. It was joined by Nvidia Corp., chipmaking equipment supplier Applied Materials Inc., Siemens AG…