Physical Intelligence (π)

Private

Robot foundation model / software

HQ: San Francisco, California, US
Founded: 2024
Founders: Karol Hausman, Sergey Levine, Chelsea Finn, Brian Ichter, Lachy Groom, Adnan Esmail, Quan Vuong
Products: π0, π0.5, π*0.6, π0.7 general-purpose robot policies

Builds general-purpose foundation models meant to control many different robot bodies for many different tasks, rather than building its own hardware. Has not disclosed a revenue model as of mid-2026.

Key numbers, at a glance

Funding rounds by post-money valuation

~$400M (reported)

Seed Mar 2024~$2.2B

Series A Nov 2024$5.6B

Series B Nov 2025

Grishin Robotics / Bloomberg / Crunchbase News, compiled through Nov 2025

Funding

~$1.1B raised through Series B (Nov 2025, $5.6B valuation); in talks for a further round at an $11B valuation (as of March 2026)

Key investors

OpenAI, Jeff Bezos, Thrive Capital and others

Last checked: 2026-07-12

Products & deep dives

Still from Physical Intelligence's official π0 demo video

Company & Robot DB

The History of Physical Intelligence

Seven co-founders — mostly robot-learning researchers, plus a Stripe-honed operator — who bet that intelligence, not hardware, is what's holding robotics back — from a $70 million seed round to a reported $11 billion valuation in two years, with no robot of its own and, so far, no revenue plan.

10 min readRead →