P-1 AI was founded by Paul Eremenko.

Who are P-1 AI's investors?

P-1 AI's investors include Lerer Hippeau, New Enterprise Associates (NEA), Radical Ventures, Schematic Ventures, Village Global, Predictive VC, Vast Ventures, VitalStage Ventures.

How much funding has P-1 AI raised?

P-1 AI has disclosed $50M raised across 1 of its 2 known rounds.

Where is P-1 AI headquartered?

P-1 AI is headquartered in San Francisco Bay Area, US.

P-1 AI

San Francisco Bay Area, US · 8 known investors

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P-1 AI builds Archie, an AI agent designed to function as a junior mechanical and electrical engineer that integrates into engineering teams and uses the same design tools as human engineers. It serves industrial companies, currently working with design partners in data center engineering (cooling, critical power) and expanding into automotive, aerospace, and defense.

Advanced Manufacturing AI & Machine Learning Deep Tech

Founders & leadership

Paul Eremenko Paul Eremenko holds degrees in aeronautics from MIT and Caltech, and a law degree from Georgetown University. He previously served as CTO at Airbus leading aerospace technology programs, SVP & CTO at United Technologies overseeing engineering and innovation, and headed the Tactical Technology Office at DARPA managing defense and aerospace programs before co-founding Universal Hydrogen, a hydrogen aviation company, and now serves as co-founder and CEO of P-1 AI.

Investors · 8

Lerer Hippeau✓ confirmed by P-1 AINew York · $500K – $2M

How we know: Lerer Hippeau's portfolio page · the company's own site · Not right? Tell us

New Enterprise Associates (NEA)✓ confirmed by P-1 AIMenlo Park · $200K – $40M

How we know: the company's own site · a partner's Signal profile · funding news · finance.yahoo.com · Not right? Tell us

Radical Ventures✓ confirmed by P-1 AIToronto · $1M – $25M

How we know: Radical Ventures's portfolio page · the company's own site · Not right? Tell us

Schematic Ventures✓ confirmed by P-1 AISan Francisco · $1M – $2M

How we know: the company's own site · Schematic Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

Village Global✓ confirmed by P-1 AICovina · $500K – $3M

How we know: the company's own site · a partner's Signal profile · villageglobal.com · Not right? Tell us

Predictive VClisted by Predictive VCNew York City

How we know: Predictive VC's portfolio page · the VCSheet dataset · Not right? Tell us

Vast Ventureslisted by Vast VenturesFt. Lauderdale · $100K – $1M

How we know: Vast Ventures's portfolio page · Not right? Tell us

VitalStage Ventureslisted by VitalStage VenturesSan Francisco

How we know: VitalStage Ventures's portfolio page · Not right? Tell us

Funding

SEC filings, press & company announcements

$50M disclosed across 1 of 2 rounds · 2026

$50MSeries AAug 2026 · 2 sources
NEA (lead)
Source ↗
Undisclosed amountSeries AJul 2026 · 3 sources
NEA (lead)
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

P-1 AI Closes Series A Fundingfinsmes.com · Jul 2026

Engineering AI startup, P-1 AI, Announces Its Series A Financing Led by NEA, Adding Jeff Immelt to the Company’s Boardfinance.yahoo.com · Jul 2026

Frequently asked questions

What does P-1 AI do?: P-1 AI builds Archie, an AI agent designed to function as a junior mechanical and electrical engineer that integrates into engineering teams and uses the same design tools as human engineers. It serves industrial companies, currently working with design partners in data center engineering (cooling, critical power) and expanding into automotive, aerospace, and defense.
Who founded P-1 AI?: P-1 AI was founded by Paul Eremenko.
Who are P-1 AI's investors?: P-1 AI's investors include Lerer Hippeau, New Enterprise Associates (NEA), Radical Ventures, Schematic Ventures, Village Global, Predictive VC, Vast Ventures, VitalStage Ventures.
How much funding has P-1 AI raised?: P-1 AI has disclosed $50M raised across 1 of its 2 known rounds.
Where is P-1 AI headquartered?: P-1 AI is headquartered in San Francisco Bay Area, US.