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P-1 AI raises $50M Series A to expand AI engineer Archie for industrial design sectors.

Company Fundamentals
29 Jul 2026
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Bullish
P-1 AI raises $50M Series A to expand AI engineer Archie for industrial design sectors.

P-1 AI secured $50 million in a Series A funding round led by New Enterprise Associates (NEA) to accelerate deployment of Archie, an AI engineer designed for mechanical, electrical, thermal, fluids, and systems design in industries like data centers, automotive, aerospace, and defense. The funding follows a $23 million seed round and reflects strong market interest from major industrial firms. Notably, Jeff Immelt, former GE CEO, joins the board, bringing industrial expertise. P-1 AI aims to integrate Archie into engineering teams to boost productivity, reduce offshoring, and speed project delivery, with plans to expand partnerships and release a lightweight version, Archie Solo, for individual users.

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