Fundraising Fox

Physical Intelligence

Unicorn Β· $5.6B

San Francisco, US Β· 27 known investors

Physical Intelligence develops generalist AI models for robotics that can control any robot to perform various tasks through learning algorithms and multi-robot training. The company is building foundation models for general-purpose physical intelligence to enable widespread robotics applications across different industries.

Also known as physical_int Β· Pi Β· Ο€

Founders & leadership

SL
Sergey LevineFounder
AE
Adnan EsmailFounder
BI
Brian IchterFounder
KH
Karol HausmanFounder
LG
Lachy GroomFounder
QV
Quan VuongFounder

Investors Β· 27

Also in the syndicate Β· 8

Ahmir Khalib ThompsonBond CapitalErikson KueblerJeff BezosMarcos GalperinMayfieldOpenAIT. Rowe Price Associates

Funding

SEC filings, press & company announcements

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

Company profile

researched Aug 2026

Physical Intelligence is a San Francisco-based artificial intelligence company developing general-purpose foundation models for robotics. Its stated aim is to bring general-purpose AI into the physical world by creating learning algorithms and a single model capable of controlling any robot to perform any task, replacing the narrow, hand-engineered programming typical of industrial robots [0][1]. The company describes itself as a group of engineers, scientists, roboticists and company builders [0][1][5].

Its core products are a series of vision-language-action (VLA) models. Ο€0 ("pi-zero"), released October 31, 2024 after roughly eight months of development, combines internet-scale vision-language pretraining with open-source robot datasets (including Open X Embodiment) and the company's own dexterous manipulation data collected across eight distinct robot platforms β€” UR5e, bimanual UR5e, Franka, bimanual Trossen, bimanual ARX, mobile Trossen and mobile Fibocom β€” to output low-level motor commands at up to 50 Hz from a 3-billion-parameter VLM backbone [3]. Subsequent releases include Ο€0-FAST and an action tokenizer (FAST) reported to speed training 5x, Ο€0.5 with open-world generalization for mobile manipulation, Ο€*0.6 trained with reinforcement learning from experience, work on real-time action chunking, multi-scale embodied memory (MEM) for tasks longer than ten minutes, online RL for precise manipulation, and Ο€0.7, described as a steerable model with emergent capabilities [0][1][2].

The company positions these models as a reusable "physical intelligence layer" analogous to language-model APIs, intended to lower the cost of building robotics applications across homes, hospitals, offices, warehouses and factories [4]. Reported end-use demonstrations include laundry folding, coffee/espresso preparation, table bussing, grocery bagging, cable routing, box assembly and e-commerce order packaging [3][4][6].

Founding story

Public sources state Physical Intelligence was founded in 2024 [5][6][7]. Reported founders include Karol Hausman (CEO, previously Google DeepMind), Sergey Levine (Chief Scientist, UC Berkeley professor), Chelsea Finn (Research Lead, Stanford professor), Brian Ichter (previously Google Research), Adnan Esmail, Lachy Groom (described as COO and previously a product leader at Stripe), and Quan Vuong [5][7]. Sources describe the founding premise as extending the foundation-model approach that succeeded for language to embodied systems, so that robots learn from diverse cross-robot experience rather than being reprogrammed per task [5]. The first model, Ο€0, was built over about eight months and published in October 2024 [3][5].

Business model

The company develops robot foundation models and works with partner companies that deploy robots commercially, supplying models that those partners fine-tune and run on their own hardware and customer sites [4][6]. One description of the workflow cited by The Robot Report has developers streaming RGB-D camera images from any robot to Physical Intelligence's runtime, with the system tokenizing the visual stream and movement history for a 3-5 billion-parameter transformer and a hardware abstraction layer converting output tokens into robot-specific joint commands [6]. Some models, including Ο€0 and Ο€0-FAST, have been released open source [0][6][7]. Sources do not describe pricing or contract structures.

Traction

Partner-reported results indicate measurable deployment progress. Weave reported that Ο€0.6 significantly increased autonomy versus Ο€0.5 in laundry folding at a live San Francisco laundromat, and that including Weave data in pre-training reduced missed grasps by 42% and interventions by 50% per laundry load [4]. Ultra reported successive step-ups in intelligence, throughput and reliability from Ο€0 to Ο€0.5 to Ο€0.6, including a full-shift order-packaging run at 96.4% autonomy and higher throughput when Ultra data was added to pre-training [4]. The company also reported that RECAP-trained models doubled throughput on tasks such as inserting an espresso filter, folding unseen laundry and assembling cardboard boxes [6]. A secondary profile cites Ο€0.6 success rates exceeding 90% on such tasks [5].

Latest developments

On April 16, 2026 the company published Ο€0.7, described as a steerable robotic foundation model exhibiting a step-change in generalization [0][1][2]. Preceding releases in 2026 covered efficient online RL via an extracted RL Token (March 19, 2026), Multi-Scale Embodied Memory (March 3, 2026), and a February 24, 2026 post outlining the "physical intelligence layer" concept with partner results from Weave and Ultra [0][2][4]. In March 2026, Bloomberg reporting relayed by Tech Funding News indicated the company was in talks to raise about $1 billion at a valuation above $11 billion, with Founders Fund and Lightspeed Venture Partners potentially participating and existing backers Thrive Capital and Lux Capital in discussions to return; the deal had not closed [7].

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Sources describe Physical Intelligence as a prominent entrant in robot foundation models, with $1.1B raised across three rounds and a valuation of about $5.6 billion reported by Bloomberg at the time of the Series B [6], and reported talks in March 2026 that could value it above $11 billion [7]. It operates in a field with several funded competitors pursuing physical AI, including Dyna Robotics, Skild AI, 1X Technologies and Archetype AI [6].

The company frames its differentiation as universally embodied AI: a single generalist model intended to control many robot embodiments and tasks rather than task- or robot-specific systems, enabling new applications with modest amounts of additional data [0][3]. CapitalG partners characterized the approach as building "a single generalist intelligence that manifests in any physical form" [6]. It also positions itself as providing a reusable off-the-shelf "physical intelligence layer" for robotics developers, analogous to foundation-model APIs in software [4].

Technology

The company builds vision-language-action models that start from pretrained vision-language models and are adapted to output high-frequency low-level motor commands (up to 50 times per second), trained on a cross-embodiment mixture of internet-scale data, open-source robot datasets such as Open X Embodiment, and proprietary dexterous manipulation data from eight robot types [3]. Model sizes cited are in the 3-5 billion parameter range, with roughly 100 ms latency to predict the next 50 action steps [3][6]. Techniques published include FAST action tokenization (reported 5x faster training), real-time action chunking to handle latency, human-in-the-loop step-by-step reasoning, RECAP (RL with Experience & Corrections via Advantage-conditioned Policies), Multi-Scale Embodied Memory for long- and short-term memory over tasks exceeding ten minutes, and an extracted "RL Token" enabling efficient online reinforcement learning [0][2][6].

Go-to-market

Physical Intelligence collaborates with companies that specialize in deploying robots, using those deployments to demonstrate and stress-test model generality in real settings; named collaborators include Weave (home and laundromat laundry folding in the San Francisco Bay Area) and Ultra (industrial warehouse robots deployed across the US for e-commerce order packaging) [4]. AgiBot is also described as a partner [6]. The company publishes research blog posts and open-sources selected model weights and code, which serves as a distribution and credibility channel [0][2][6].

Companies building and deploying robotic systems β€” including robotics developers, manufacturers, logistics and warehouse operators, and enterprises seeking robots that work in diverse, unpredictable environments without per-task reprogramming [5]. Partner deployments span consumer/home services and industrial warehouse workstations [4].

Geography

Headquartered in San Francisco, California, with an address listed at 396 Treat Ave [5][6]. Partner deployments described are in the San Francisco Bay Area (Weave laundromat) and across the United States (Ultra warehouse robots) [4].

History

Founded in 2024, the company raised a reported $70M seed in March 2024 and a $400M round announced November 2024 [5][6]. It published Ο€0, its first generalist policy, on October 31, 2024 [3], open-sourced Ο€0 weights and code together with Ο€0-FAST in February 2025 [0][6][7], and released Ο€0.5 in April 2025 [0]. In November 2025 it announced Ο€*0.6, trained with its RECAP reinforcement-learning-with-corrections method, and closed a $600M Series B led by CapitalG with Lux Capital [0][6]. Through late 2025 and 2026 it published further research on human-to-robot transfer, embodied memory, online RL and, on April 16, 2026, Ο€0.7 [0][1][2]. In March 2026 it was reported to be in talks for roughly $1B in additional funding [7].

Risks & controversies

Sources note that the reported ~$1B round at an $11B+ valuation had not closed and terms could change [7]. Reported valuation figures differ across sources (about $5.6B at the Series B versus an $11B+ target four months later) [6][7], and investor lists vary between sources [5][6][7]. Partner deployments still involve remote human intervention teams, indicating autonomy is not complete [4]. Several competitors are raising substantial capital for comparable physical-AI models [6].

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Autonomy during full-shift order packaging at Ultra customer site (Ο€0.6)Feb 202696.4%
Distinct robot platforms in Ο€0 training dataOct 20248
Employee count rangeJan 202611-50
Inference latencyNov 2025100 milliseconds
Model control frequencyOct 202450 Hz
Number of funding roundsNov 2025$3
Reduction in interventions with Weave data in pre-training (Ο€0.6)Feb 202650%
Reduction in missed grasps with Weave data in pre-training (Ο€0.6)Feb 202642%
Target valuation in reported ongoing round (not closed)Mar 2026$11B
Total funding raisedNov 2025$1.1B
Training speedup from FAST action tokenizerJan 20255 x
ValuationNov 2025$5.6B
Ξ 0 base vision-language model sizeOct 20243,000,000,000 parameters

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Competitors Β· 3

by search overlap

Companies competing with Physical Intelligence for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 15

launches, deals, and filings
Apr 2026
Ο€0.7 released

A steerable robotic foundation model described as exhibiting a step-change in generalization.

source β†—

Mar 2026
Reported talks to raise ~$1B at $11B+ valuation

Bloomberg reporting indicated the company was in discussions to raise about $1 billion at a valuation above $11 billion, with Founders Fund and Lightspeed Venture Partners potentially participating and Thrive Capital and Lux Capital in talks to return. Deal not closed.

$1B source β†—

Mar 2026
Efficient online RL for precise manipulation

Extracted an 'RL Token' from VLA models to enable fast online reinforcement learning and improve throughput on precise tasks with only a few hours of data.

source β†—

Mar 2026
Multi-Scale Embodied Memory (MEM)

Gives models long-term and short-term memory, enabling complex tasks longer than ten minutes.

source β†—

Feb 2026
Partner deployment results published with Weave and Ultra

Detailed collaborations in which Weave runs Ο€0.6 for laundry folding at a San Francisco laundromat and Ultra runs it for e-commerce order packaging on US warehouse deployments.

source β†—

Dec 2025
Fine-tuned model solves 'Robot Olympics' manipulation challenges

Reported solving a series of difficult manipulation challenge tasks by fine-tuning its latest model.

source β†—

Dec 2025
Research on human-to-robot transfer in VLAs

Published findings on how transfer from human videos to robotic tasks emerges in robotic foundation models as they scale.

source β†—

Nov 2025
$600M Series B led by CapitalG

Series B financing led by Alphabet growth fund CapitalG with Lux Capital, with participation from Bond, Redpoint, Sequoia Capital, Jeff Bezos, OpenAI, T. Rowe Price and Thrive Capital; proceeds earmarked for data collection, strategic partnerships and team growth.

$600M source β†—

Nov 2025
Ο€*0.6 released, VLA trained with reinforcement learning

Generalist policies trained with the RECAP method (RL with Experience & Corrections via Advantage-conditioned Policies) to improve success rate and throughput on real-world tasks; reported to double throughput on tasks such as espresso filter insertion, folding unseen laundry and box assembly.

source β†—

Jun 2025
Real-time action chunking for large VLAs

A real-time system for large vision-language-action models maintaining precision and speed under high latency.

source β†—

Apr 2025
Ο€0.5 released with open-world generalization

Generalist policy extending Ο€0 to open-world generalization, including controlling a mobile manipulator to clean an entirely new kitchen or bedroom.

source β†—

Feb 2025
Step-by-step reasoning with human-in-the-loop feedback

Published a method for robots to reason through complex tasks step by step while incorporating human-in-the-loop feedback.

source β†—

Feb 2025
Open-sourcing of Ο€0 and Ο€0-FAST

Released the weights and code for Ο€0 along with the Ο€0-FAST autoregressive model.

source β†—

Jan 2025
FAST robot action tokenizer

Introduced a robot action tokenizer reported to enable training generalist policies 5x faster than previous models.

source β†—

Oct 2024
Ο€0 released, first generalist robot policy

Published Ο€0 (pi-zero), a prototype general-purpose robot foundation model combining large-scale multi-task, multi-robot data collection with a new network architecture built on a 3B-parameter VLM.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Physical Intelligence do?
Robotics AI company building general-purpose vision-language-action foundation models that can control many kinds of robots.
Who founded Physical Intelligence?
Physical Intelligence was founded by Sergey Levine, Adnan Esmail, Brian Ichter, Karol Hausman, Lachy Groom, Quan Vuong.
Who are Physical Intelligence's investors?
Physical Intelligence's investors include CapitalG, Lux Capital, Redpoint Ventures, Sequoia Capital, Khosla Ventures, Thrive Capital, Abstract Ventures, Accel and 11 more.
Where is Physical Intelligence headquartered?
Physical Intelligence is headquartered in San Francisco, US.