# Physical Intelligence, Ex-DeepMind AI Robotics Startup, Nears $1 Billion Raise at $11 Billion Valuation

_Friday, March 27, 2026 at 7:26 PM EDT · Capital · Latest · Tier 2 — Notable_

Physical Intelligence, the two-year-old robotics startup founded by AI academics and former Google DeepMind researchers, is in discussions for a $1 billion funding round that would value the company above $11 billion. The raise would cement the firm among the most valuable AI robotics ventures globally.

[Instagram]
Physical Intelligence, the two-year-old robotics startup founded by former Google DeepMind researchers, is in talks to raise $1 billion at an $11 billion valuation. The company builds general-purpose AI for physical systems. robots that can learn from demonstration and adapt to new tasks.

[LinkedIn]
Physical Intelligence, founded two years ago by AI academics and former Google DeepMind researchers, is in discussions for a $1 billion funding round that would value the company above $11 billion. The raise would cement pi.ai among the most valuable AI robotics ventures globally, reflecting investor conviction that general-purpose robotic intelligence is the next major infrastructure layer.

## Sources


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Retrieved: 2026-07-21T23:45:03.309Z
Publisher: Tech & Business (techandbusiness.org)