PhysicsX Limited announced that it has received £25.3 million in a round of funding led by new investor General Catalyst Group Management, LLC on November 27, 2023. The transaction included participation from mix of financial and strategic backers, new investors Standard Industries Limited, Energy Capital Management, LLC, Radius Capital and KKR co-founder and co-executive chairman, Henry Kravis. As part of the transaction Jim Baum from General Catalyst Group Management, LLC joined the company?s board.