Originally published on AI Tech Connect.
Why a June round is still the most useful hiring signal in July On 8 June 2026, PhysicsX announced an oversubscribed $300 million Series C at a valuation of approximately $2.4 billion. Temasek led the round; M&G Investments and Intrepid Growth Partners came in as new investors, joining existing backers that include Applied Materials, Atomico, General Catalyst, NVIDIA and Siemens, per the company's announcement. We are deliberately writing about it seven weeks later, because a raise of this size only becomes interesting to working engineers once it starts converting into requisitions — and that conversion is happening now. Three things are worth holding onto before the detail: $300 million buys headcount. PhysicsX has grown to more than 300 people, doubling in twelve months, and a Series C…
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