Jacomo Corbo

Jacomo Corbo is co-founder and chief executive of PhysicsX, the London company that uses AI to predict how engineered designs will behave. PhysicsX was incorporated in August 2019 and lists Corbo and Robin Tuluie, now its chairman, as co-founders. Corbo formally joined as co-CEO in February 2023, after working closely with the company from its founding, according to its announcement at the time.

He came from McKinsey, where he was a partner and global leader of its machine learning operations service line. Before that he was founder and chief scientist of QuantumBlack, the AI engineering firm McKinsey acquired in 2016, and from 2006 to 2008 he was chief race strategist for the Renault F1 team. He holds a PhD in computer science from Harvard.

Simulation in seconds

Engineers in aerospace, automotive, semiconductors and energy rely on numerical simulation to test a design, and a single run can take hours or days. PhysicsX trains what it calls Large Physics Models to predict the same physical behavior in seconds, and builds them into software that sits alongside conventional simulation. The effect, Corbo said in June, is that “we are giving engineers the ability to explore thousands of designs where they once managed a handful.”

A $300m Series C

On 8 June 2026 PhysicsX announced a $300m (£224m) Series C at a valuation of about $2.4bn (£1.8bn), led by Temasek. M&G Investments and Intrepid Growth Partners joined as new investors, alongside existing backers including NVIDIA, Applied Materials, Siemens, Atomico and General Catalyst. The Next Web reported that the previous round had valued the company at about $1bn.

PhysicsX says it doubled recognized revenue year on year, tripled booked revenue and more than doubled its number of customers. Headcount doubled in 12 months to more than 300, across offices in London, New York, the Bay Area and Singapore. Corbo told The Next Web that the company is “very supply-side limited” and has had to pace its rollout to existing customers.

Why it matters to UK buyers

For UK manufacturers, defense suppliers and chip companies, PhysicsX is evidence that AI is moving from office software into the design of physical products. Its backers include Siemens and Applied Materials, which sell industrial software and chipmaking equipment to the same customers, a sign that established vendors may see it as a partner as much as a competitor. Buyers weighing it up should expect demand to shape access for now: the company is still hiring to keep pace with the customers it already has.

Corbo has taken a UK company built on Formula 1 engineering experience to a $2.4bn valuation with revenue doubling behind it. PhysicsX is one of the clearest UK cases of AI changing how physical things are designed, not just how documents are written.