P-1 AI raises $50M Series A led by NEA to expand their AI engineer Archie for industrial design sectors.
Amount Raised
$50 Million
Round Type
Series A
Investors
Description
P-1 AI secured $50 million in a Series A funding round led by New Enterprise Associates (NEA) to accelerate deployment of Archie, an AI engineer designed for mechanical, electrical, thermal, fluids, and systems design. The funding follows a $23 million seed round and reflects strong market interest from major industrial firms. Notably, Jeff Immelt, former GE CEO, joins the board, bringing industrial expertise. P-1 AI aims to integrate Archie into engineering teams to boost productivity, reduce offshoring, and speed project delivery.
Quick answer
P-1 AI raised $50 Million in a Series A round, dated July 29, 2026. Investors: New Enterprise Associates.
- How much did P-1 AI raise?
- P-1 AI raised $50 Million in a Series A round on July 29, 2026.
- Who invested in P-1 AI?
- New Enterprise Associates is named as investors in this round.
- What does P-1 AI do?
- P-1 AI is focused on creating Archie, an AI agent designed for the cognitive automation of engineering tasks involved in physical system design.
- Where is P-1 AI based and how big is it?
- Fundz records about 2 employees.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as P-1 AI that raised within 45 days of this round, from Fundz verified event records.
- nocall raised $5.2M (Series A) on September 11, 2026.
- Enigmata raised $6.5M (Seed) on September 10, 2026.
- Grubel raised $3.5M (Pre-Seed) on September 10, 2026.
- Bynario raised $2.4M (Pre-Seed) on September 10, 2026.
- Herdr raised $6M (Seed) on September 10, 2026.
- Pixeom raised an undisclosed amount (Seed) on September 9, 2026.
Who to call at P-1 AI, and when
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Funding Insights
What this usually meansP-1 AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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