June 8, 2026

PhysicsX hits $2.4bn valuation as Temasek leads $300m round for the AI startup that cuts simulation times from days to seconds

a glass jar filled with coins and a plant
Towfiqu barbhuiya / Unsplash

London-based PhysicsX has raised $300 million in a Series C round led by Singaporean sovereign wealth fund Temasek, more than doubling its valuation to $2.4 billion, less than a year after its Series B priced the company at just under $1 billion. The...