China-based Physical AI platform DeepCtrls has completed its Series B+ financing round, led by CATL, with strategic investment from Aramco Ventures, alongside Taiping Innovation Investment, GF Xinde and Fosun Capital. Existing investors, including Source Code Capital and Forebright Capital, also increased their investments, according to DeepCtrls press release yesterday.
The amount of the deal was not disclosed.
The financing reflects growing global confidence in a major industry shift: AI is moving beyond the digital world into the physical world, and Physical AI is emerging as a key technology pathway for transforming energy and computing infrastructure, the release said.
Li Hui, Founder and CEO of DeepCtrls, said: The next phase of AI will be defined by the ability to control complex systems in the real world. Energy and computing are foundational infrastructures of AI development. By connecting computing and energy through Physical AI, DeepCtrls aims to build the intelligent control layer for the infrastructure of the AI era.”
DeepCtrls is a pioneer in applying Physical AI to energy systems. Founded in 2018, the company has developed its proprietary PhyAI™ Physical AI Engine, integrating AI with physical principles to enable real-time perception, prediction, optimization and closed-loop control of complex physical systems.
DeepCtrls is backed by investors including Tencent, Sequoia China, Source Code Capital and Forebright Capital. Its customers include Tencent, ByteDance, NVIDIA, TSMC, LG and PTT, with deployments across Asia, the Middle East, Europe and North America.