Several successful biotech startups trace their roots to BIRAC. Cleantech company GPS Renewables, for example, received funding under BIRAC’s Biotechnology Ignition Grant.
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Physical AI, which are AI systems that act in the physical world like robotics and manufacturing rather than solely on software, seems to be the new buzzword in the global startup ecosystem.
Last year, Jeff Bezos said he would become co-CEO of a new startup called Prometheus, which would focus on physical AI.
But he didn’t specify what the company would do.
Bezos and co-founder Vik Bajaj are now armed with funding, $12 billion along with an initial round of $6 billion last year.
Jeff Bezos's Prometheus raises $12B to build an 'artificial general engineer' for the physical world | TechCrunch
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Bezos' Prometheus lands $12B Series B at $41B valuation to build AI that compresses the engineering design cycle — TFN
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The new round values the physical AI startup that aims to automate heavy engineering and drug design at $41 billion.
It isn't the only startup tackling physical AI, but it's one of the best-funded.
Mind Robotics, which was first revealed in late 2025, has now raised more than $1 billion to date.
Investors focus on robotics and physical AI, raising $23 billion this year, as technology evolves from software to real-world…
BMW i Ventures is interested in startups working on agentic AI and physical AI, as well as industrial software, advanced…
Prometheus is Jeff Bezos' AI startup that launched in November with $6.2 billion in funding. Vik Bajaj is his co-CEO.
