NGP is a private equity firm investing in innovation and energy entrepreneurs in natural resources and energy transition.
Portfolio
1
companies
AUM
£20.0B
under management
The London startup secured capital from Atomico and strategic investors to expand internationally and develop advanced foundation models.
"The tectonic plates of the whole global economy are being reshaped by industrial manufacturing. Geopolitical currents and the questions of sovereignty and supply chain resilience are most strongly felt here. At the same time, innovation within these fields has never been more urgent. We’re building into that unmet need,"
General Catalyst led the Series A round to support customer delivery, platform engineering, and research.
"Engineering design processes were transformed by numerical simulation and the availability of high-performance compute infrastructure. The move from numerical simulation to deep learning represents a similar leap and will unlock new levels of product performance and ways of practicing engineering itself. PhysicsX exists to help pioneer and enable that transformation, giving engineers and manufacturers superpowers in bringing new technologies to the real world."
