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PhysicsX: Capital Raising
PhysicsX raised $135M Series B led by Atomico, bringing total funding to nearly $170M. London-based startup has more than quadrupled revenue since November 2023 Series A and grown team to over 150. Siemens and Applied Materials joined as strategic investors and customers.
Source: TechFundingNews
The leadership read
Fresh capital usually broadens the sector leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.
Market context: Against a Talent Market Index of 105.9 (Hot) (down 2.3 month-on-month), EMEA is at easing (-2.8pts) on signal share.
PhysicsX: 2 signals in the last 90 days; 0.1% of MitchelLake's Asia signal flow.
MitchelLake in this thematic
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