Fundraising Fox

Physna

Cincinnati, US · Founded 2019 · Delaware corporation · 30 employees on LinkedIn · 3 known investors

Find your way into Physna

89 people in our graph share verified history with the Physna team — schools, employers, funds. One of them is your warm intro.

Mojca Skoberneunlockedknows Paul J. Powers · together at Heidelberg University
×11knows the team · via Heidelberg University

Physna analyzes 3D models of parts and assemblies to make them searchable and comparable by geometry, helping identify duplicates, reuse opportunities, and sourcing options. It serves engineering, procurement, and supply chain teams in manufacturing.

Advanced ManufacturingAI & Machine LearningSaaS

Founders & leadership

Physna was founded in 2019 by Paul J. Powers.

PJPaul J. Powers
Paul J. PowersinFounderPaul Powers co-founded and serves as CEO of Physna, which uses AI to analyze 3D models for geometric comparison in manufacturing. He studied astrophysics at Harvard and law at the University of Heidelberg, and previously founded Thangs, a 3D model platform.
PWPaul W. Renzenbrink
Paul W. RenzenbrinkinExecutive

Board

MW
Mike WengerBoard director
MKMark Kvamme
Mark Kvammein𝕏Board directorPartner at Drive Capital

Investors · 3

Drive CapitalColumbus · $5M – $30Mvia Mark Kvamme · board
Next Play VenturesMenlo Park · $100K – $5M
Sequoia CapitalMenlo Park · $4.4M – $214M

Funding

SEC filings, press & company announcements

$6.9M disclosed across 1 of 4 rounds · 2019–2021

▶$6.9MraisedAug 2019 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul W. RenzenbrinkExecutive Officer
  • Mike WengerDirector
  • Mark KvammeDirector
  • Paul J. PowersExecutive Officer, Director
Offering amount
$6.9M
Amount sold
$6.9M
First sale
Jul 2019
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2023$1M

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Paul Powers (Physna) Teaching Computers to Understand 3D and Innovating at the Speed of Imagination — The AR Showthearshow.com · Oct 2021Physna Raises $56M In Fundingfinsmes.com · Jul 2021Physna Raises $20M in Series B Funding - FinSMEsfinsmes.com · Feb 2021Geometric Deep-Learning And 3D Search Solutions Company Physna Raises $20 Millionpulse2.com · Jan 2021Physna Raises $6.9M For Developing 3D Model Search Engine - 3D Printing3dprinting.com · Jul 2019Local software firm eyes huge licensing dealwcpo.com · Jul 2018

Frequently asked questions

What does Physna do?
Physna analyzes 3D models of parts and assemblies to make them searchable and comparable by geometry, helping identify duplicates, reuse opportunities, and sourcing options. It serves engineering, procurement, and supply chain teams in manufacturing.
Who founded Physna?
Physna was founded by Paul J. Powers in 2019.
Who are Physna's investors?
Physna's investors include Drive Capital, Next Play Ventures, Sequoia Capital.
How much funding has Physna raised?
Physna has disclosed $6.9M raised across 1 of its 4 known rounds.
Where is Physna headquartered?
Physna is headquartered in Cincinnati, US.