Robotics & physical AI · San Francisco, US · founded 2024
Physical Intelligence: who founded it, who funds it
Physical Intelligence is a San Francisco robotics lab founded in 2024 by Karol Hausman, Sergey Levine, Chelsea Finn, Brian Ichter and 1 others, who came from DeepMind, UC Berkeley, Stanford and Stripe. What it is building: general-purpose robot policies (pi0 and successors) released as open weights. It has raised $1B in disclosed rounds, most recently a Series B of $600M at a $5.6B valuation in November 2025. It releases open-weight models.
- Founders
- Karol Hausman (ex-Google DeepMind), Sergey Levine (ex-UC Berkeley), Chelsea Finn (ex-Stanford), Brian Ichter (ex-Google DeepMind), Lachy Groom (ex-Stripe)
- Founders from
- ex-Google DeepMind, ex-UC Berkeley, ex-Stanford, ex-Stripe
- Location
- San Francisco, US (North America)
- Valuation
- $5.6B set by the last priced round
- Raised
- $1B disclosed
- Investors
- Jeff Bezos lead, Thrive Capital lead, Lux Capital lead, OpenAI, Sequoia, Nvidia
- What ships
- Open model
- In talks
- $1B at $11B Mar 1, 2026. Reported discussions above $11B source
Rounds
| Date | Round | Amount | Valuation | Lead | Source |
|---|---|---|---|---|---|
| Nov 20, 2025 | Series B | $600M | $5.6B | · | valueaddvc.com |
| Nov 4, 2024 | Series A | $400M | $2.4B | Jeff Bezos, Thrive Capital, Lux Capital | valueaddvc.com |
Sources
- Valuation history valueaddvc.com
- $11B talks teahose.com
News
-
Oct 9, 2026
+1 more coverage
- AI Weekly Warehouse Robot Startup Ultra Raises $62M, Partners With Physical Intelligence on Learned…
-
Oct 6, 2026
+2 more coverage
- CoStar News | Physical Intelligence's growth drives office expansion in California's Bay Area
- Freedom Broker Freedom: Physical Intelligence could interest tech giants with its robotics developments
-
Sep 28, 2026
+1 more coverage
- The Business Journals Robot maker Physical Intelligence expands in San Francisco, taking space from Airbnb
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Sep 23, 2026
- Aug 26, 2026
Investors who back other labs here
- Nvidia also: Safe Superintelligence, Reflection AI, Skild AI, Poolside
- Sequoia also: Safe Superintelligence, Reflection AI, Skild AI, Ineffable Intelligence
- Lux Capital also: Cognition, Applied Compute, Sakana AI, EvolutionaryScale
- Jeff Bezos also: Skild AI, Humans&, Periodic Labs, Project Prometheus
- Thrive Capital also: Essential AI, Chai Discovery, Isomorphic Labs
- OpenAI also: Isara, Chai Discovery, Merge Labs
Same research area
- Skild AI $14B · Pittsburgh, US
- Generalist AI $3B · San Mateo, US
- Dyna Robotics $600M · Redwood City, US
- Project Prometheus $41B · San Francisco, US
- Galbot $3B · Beijing, CN
- Genesis AI $3B · Paris, FR