According to Sina Finance, San Francisco-based robotics startup Physical Intelligence confirmed on Monday that it has raised $400 million in funding, giving it a post-funding valuation of $2.4 billion.A spokeswoman for Physical Intelligence said investors include Amazon founder Jeff Bezos, OpenAI, Thrive Capital and Lux Capital. kosla Ventures and Sequoia Capital are also listed as investors on the company's website.
Physical Intelligence's new valuation is roughly six times that of its March seed round, which was reportedly $70 million and valued at $400 million. The company currently has employees from Tesla, Google DeepMind and X.