The facts
Physical Intelligence at a glance.
Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.
- Kind of company
- Robot brainsThe AI software that lets robots see, plan and move.
- Based in
- San Francisco, United States
- Founded
- 2024The Robot Report, Nov 25, 2025
- Last closed-round valuation
- $5.6Babout $5.6 billion (per Bloomberg) (The Robot Report, Nov 25, 2025)
- Reported valuation
- Reported $11B+, in talksabove $11 billion (Bloomberg, Mar 27, 2026)
- What it has shipped
- Has a model or API
Founders
- Lachy Groom: former early Stripe employee and angel investor (TechCrunch, Jan 30, 2026)
- Sergey Levine: associate professor at UC Berkeley (TechCrunch, Jan 30, 2026)
- Quan Vuong: came from Google DeepMind (TechCrunch, Jan 30, 2026)
Launched the Pi API beta: "Our latest robotics models are now available through the Pi API beta." Oct 13, 2026
Physical Intelligence (company-reported), Oct 13, 2026
What it has built
Shipped, or not yet.
“Has a model or API” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.
Open-sourced π0 (openpi)
Sourceπ0.5 vision-language-action model
Sourceπ*0.6, a VLA that learns from experience
Sourceπ0.7 steerable model
SourcePi API beta for fine-tuning and hosted inference (waitlist)
Source2 rounds
Funding, as reported.
Every round we found, with the amount, valuation and investors as the source states them.
| When | Round | Amount | Valuation | Investors named | Source |
|---|---|---|---|---|---|
| Nov 2025 | Series B | $600 million | about $5.6 billion (per Bloomberg) | CapitalG (lead), Lux Capital, Bond, Redpoint, Sequoia Capital, Jeff Bezos, OpenAI, T. Rowe Price, Thrive Capital | The Robot Report |
| Mar 27, 2026 | in talks (not confirmed closed) | about $1 billion | above $11 billion | Founders Fund (set to participate) | Bloomberg |
Our note
Worth knowing.
Our note: The $11 billion figure is from Bloomberg citing people familiar with the matter; we found no confirmation that the round closed. TechCrunch (Jan 2026) says the company had raised "over $1 billion" and described it as focused on research, with testing at a small number of partners.
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