Goodwin Advises P-1 AI on Its $50 Million Series A Financing
The Technology team advised P-1 AI on the initial closing of its Series A financing round led by New Enterprise Associates (NEA). The Series A, on the heels of the company’s $23 million Seed round led by Radical Ventures in 2025, reflects strong product execution and commercial traction. The $50 million financing round will accelerate P-1 AI’s deployment of Archie, an agentic AI engineer.
P-1 AI is building an AI engineer for the physical world. The company’s aim is to put an AI engineer on every engineering team at every industrial company on earth. P-1 AI’s Archie is built for hardware engineering disciplines including mechanical, electrical, thermal, fluids, and systems design, across data center, automotive, and aerospace and defense industrial customers.
The Goodwin team was led by John Casnocha, Ari Ghavami, Ellie Krossa, and Gabriela d’Souza.
For more information on the deal, please read the press release.