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P-1 AI

San Mateo, United States

series-a$50M raisedFreshly fundedAI AgentsEnterprise SoftwareIndustrial Automation

Total Raised

$50M

Stage

series-a

Location

San Mateo, United States

Founded

2024

Team size

11-50

Links

About P-1 AI

P-1 AI develops Archie, an AI-powered engineering assistant built for hardware engineering disciplines including mechanical, electrical, thermal, fluids, and systems design.

What sets it apart

Archie is positioned as a junior AI engineering teammate with quantitative multi-physics and spatial reasoning, trained on proprietary synthetic design data to automate cognitive hardware-design work rather than replace existing engineering tools.

Sectors

AI AgentsEnterprise SoftwareIndustrial Automation

Business

ModelSaaS

CustomerIndustrial OEMs and hardware engineering teams, especially in data center engineering, with expansion to automotive, aerospace & defense, and other complex physical-product domains.

Notable

  • Exited stealth with Archie and announced an initial Series A financing round led by NEA.
  • Raised a $23 million seed round.
  • Secured design partners and customers in data center engineering.

Backing funds on Raise

Funding rounds

30 Jul 2026

Led by New Enterprise Associates

With Cameron McCord, Nick Marwell, Jo Zhu Kennedy, Jeff Dean, Peter Welinder, Bob van Luijt

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FAQ

What does P-1 AI do?

P-1 AI develops Archie, an AI-powered engineering assistant built for hardware engineering disciplines including mechanical, electrical, thermal, fluids, and systems design.

Where is P-1 AI based?

P-1 AI is based in San Mateo, United States, founded in 2024.

How much has P-1 AI raised?

P-1 AI has raised $50M in tracked funding and is currently at the series-a stage.

Who has invested in P-1 AI?

Investors in P-1 AI include NEA and Radical Ventures.