Robotics companies

Physical Intelligence

Develops general-purpose robot foundation models (the π0 family) intended to control different robot types across tasks.

Headquarters

San Francisco, United States

Founded

2024

Ownership

Private

Latest deal

Series B, $600 million

Nov 2025

Is Physical Intelligence a public company?

No. Physical Intelligence is privately held. The Robot Report says it has raised $1.1 billion from private investors, including CapitalG, Lux Capital and Thrive Capital.

Source: The Robot Report, Nov 25, 2025

What Physical Intelligence does

Physical Intelligence develops robot foundation models: AI models meant to control different kinds of robots across many tasks. The company says it is developing "a model that will control any robot to do any task."

It released the code and weights for its first model, π0, in February 2025. It says that in its own experiments, between 1 and 20 hours of data was enough to fine-tune π0 to a variety of tasks.

Physical Intelligence works with companies that deploy robots. In a February 2026 post, partner Ultra, which builds robots for warehouse work, said π0.6 packaged real customer orders for a full shift at 96.4% autonomy. Weave, which builds laundry-folding robots, reported 50% fewer interventions after adding its own data to pre-training.

On factory use, The Robot Report says Physical Intelligence partner AgiBot deployed a Real-World Reinforcement Learning system in a manufacturing pilot with Longcheer Technology. The company's own demonstrations named in the press are tasks such as folding laundry and assembling boxes.

Products

π0

Physical Intelligence's first general-purpose robot foundation model. It released the code and weights in February 2025 in its openpi repository.

π0.5 and π0.6

Later general-purpose robot models that partners have tested in live deployments.

π0.7

A model announced in April 2026 that the company says can follow new language commands and do tasks not in its training data.

Funding and ownership history

DateEventAmountValuationSource
Nov 2025Series B$600 million$5.6 billionThe Robot Report (press report)
Nov 4, 2024Funding round$400 million$2.4 billionThe Robot Report (press report)

Valuations marked "press report" come from the named outlet, not from Physical Intelligence.

Physical Intelligence in the digest

No digest items yet. When Physical Intelligence is in the news, the items will be listed here.

Terms to know

Foundation models for robotics · Physical AI

Other robotics companies

Agility Robotics · Boston Dynamics · FANUC · Figure AI · Formic · KUKA · Mujin · Universal Robots · Yaskawa Electric

Sources

Checked October 1, 2026 · Written from Physical Intelligence's own site and announcements; valuations from named press reports · pi.website · Spotted an error? Tell us.

Monday digest

Get Physical Intelligence news in the Monday digest.

8 to 12 sourced items · every Monday morning · free