Milton Keynes-based Envisics announced it closed its Series C funding round at $100M (approximately €93M). The dynamic holographic technology company previously secured $50M in March, led by Hyundai Mobis, with participation from InMotion Ventures and Stellantis Ventures. M&G Investments led the latest tranche, with existing investor Van Tuyl Companies participating. The funds will accelerate product development and international expansion. Envisics develops holographic technologies for augmented reality heads-up displays (AR-HUDs) in vehicles. The technology projects information onto windscreens whilst adapting to ambient light changes and consuming 50 per cent less power than conventional systems. The company's investor roster now includes Tarsadia Investments, GM Ventures, Hyundai Mobis, InMotion Ventures, Stellantis Ventures, SAIC Motors, Van Tuyl Companies, and M&G Investment.

BeyondMath secures $18.5M to expand its foundational physics AI model. BeyondMath has secured new funding to expand its generative physics AI model, aiming to help engineering teams run faster, more flexible simulations and accelerate adoption across key industrial sectors. London-based BeyondMath, a deeptech company that has developed a novel generative physics model, has raised a $10 million seed extension led by Cambridge Innovation Capital, with participation from existing investors including UP.Partners, Insight Partners, and InMotion Ventures. This brings total seed funding to $18.5 million. Engineering and industrial companies are under increasing pressure to design more complex systems faster and more sustainably, yet many still rely on legacy simulation tools that struggle to keep pace with modern hardware and AI-driven workflows. BeyondMath aims to address this gap with a foundational AI model trained directly on first-principles physics. The platform enables engineering-grade simulations to be produced in minutes rather than hours or days, delivering results up to 1,000 times faster than traditional supercomputing methods. Founded in 2022 by AI industry veterans Alan Patterson and Darren Garvey, BeyondMath has built what it describes as the world's largest foundational physics model, capable of simulating complex physical phenomena ranging from aerodynamics to thermal management. The company's customers include major automotive, aerospace, and electronics manufacturers, and it has established partnerships with NVIDIA and AWS. Speaking about the market need, BeyondMath CEO Alan Patterson said engineering teams require faster and more flexible simulation capabilities but currently lack the technology to meet these demands: Generative physics introduces a fundamentally new approach to engineering, unlocking innovation across fields ranging from aerospace and automotive to data-centre design. We now have the capital and investor support to accelerate our research roadmap and scale commercial adoption. This could be the ChatGPT moment for physics. BeyondMath's technology has potential applications across sectors, including automotive, aerospace, electronics, data centre design, and semiconductor manufacturing. The new funding will be used to scale commercial deployment of BeyondMath's generative physics technology and expand its research capacity. The company expects to double its headcount this year and grow its customer base across Europe, the United States, and Japan.