Atomico led a $135m Series B round in PhysicsX.

Atomico, a European venture capital firm, led a $135m Series B round in PhysicsX, a London-headquartered company accelerating industrial innovation with AI, with participation from Temasek, Siemens, Applied Materials, July Fund, General Catalyst, NGP, Radius Capital, Standard Investments, and Allen & Co. "This round reflects the importance and the needs of the industries that we’re building into.The tectonic plates of the global economy are being reshaped by industrial manufacturing. Geopolitical currents and the questions of sovereignty and supply chain resilience are most strongly felt here. At the same time, innovation within these fields has never been more urgent. We’re building into that unmet need and bringing new software and AI capabilities to fundamentally overhaul what engineering looks like today and transform how hardware innovation is executed," Jacomo Corbo, PhysicsX CEO & Co-Founder.