
PhysicsX, a London AI engineering startup, raised $300 million in a Series C round at a $2.4 billion valuation. The round was led by Temasek with backing from Nvidia, Applied Materials, Atomico, General Catalyst, Siemens, and new investors M&G. The valuation more than doubled from its previous $1 billion valuation.
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Allen Control Systems Raises $200M Series B Funding
Summary by ByteBrief