Lux Capital
Lux Capital invests in companies developing technologies across science, engineering from early-stage formation through later growth phases.
Portfolio companies (1)
Funding rounds (3)
Round size: $600M
Round size: $400M
Round size: $70M
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North American robot orders climb 24.8% in Q3 of 2026, says A3
While automotive OEM orders declined in the first half of 2026, they picked up in Q3. Source: A3 North American companies ordered 10,989 robots valued at $723.5 million in the third quarter of 2026, according to the latest data from the Association for Advancing Automation, or A3. Orders increased 24.8% in units and 26.1% in value compared with the third quarter of 2025, making it the strongest quarter of the year so far, it said. The third-quarter gains pushed total orders for the first nine months of 2026 to 28,984 robots valued at approximately $1.89 billion, A3 reported. This represented increases of 9.6% in units and 13.3% in value over the <a href="https://www.therobotreport
Zero Revenue, $20 Billion Valuation: Physical Intelligence's New Funding Round Sparks Debate Over Robotics AI Valuations
Physical Intelligence is in early-stage talks to raise at least $1 billion at a nearly $20 billion post-money valuation, with existing shareholders Lux Capital and Avenir discussing lead-investor roles. The revenue-free startup develops pi-zero, a hardware-agnostic robot foundation model that recently opened external developer testing. Investors are betting on its cross-task generalization, while physical-data scarcity, real-world reliability and the lack of a commercialization roadmap remain major risks.
Robotics Lab Physical Intelligence in Talks for a $20 Billion Valuation
Physical Intelligence, a startup developing artificial intelligence software to power robots for real-world tasks, is in funding talks that would nearly double its valuation to roughly $20 billion, according to people familiar with the matter.