Physical Intelligence raises $600M to advance robot foundation models - The Robot Report

Physical Intelligence, a San Francisco-based robotics AI startup founded in 2024, has raised $600 million in a Series B funding round led by CapitalG, Alphabet’s growth fund, along with participation from Lux Capital, Bond, Redpoint, and Sequoia Capital. This latest financing brings the company’s total funding to $1.1 billion and values it at approximately $5.6 billion. The company aims to advance robot foundation models that enable robots to learn and generalize behaviors from real-world data more efficiently than traditional reinforcement learning methods. Their vision-language-action (VLA) model, recently updated to version 0.6, uses a transformer-based approach to process visual and movement data, allowing robots to perform complex tasks such as making coffee, folding laundry, or assembling boxes with doubled throughput and reduced failure rates. Physical Intelligence’s technology tokenizes robot sensory inputs and movement histories to predict subsequent actions in real time, enabling robots to execute commands safely and adaptively. The company has open