P-1 AI raises $50M series a

◆ Amount

$50M

◆ Announced

30 Jul 2026

◆ Company

◆ Source

◆ The Round

P-1 AI raised $50M in series a funding, announced on 30 July 2026, led by New Enterprise Associates, with participation from Cameron McCord, Nick Marwell, Jo Zhu Kennedy, Jeff Dean, Peter Welinder, Bob van Luijt. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.

◆ 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. P-1 AI is based in United States and currently at series a stage, operating in AI Agents, Enterprise Software.

◆ Investors

◆ Investing funds on Raise

• New Enterprise Associates

◆ Market context

New Enterprise Associates is profiled on Raise, Fusion42's database of venture funds — where each investor's thesis, cheque size and other tracked backings can be followed. This funding event is a citable node in Fusion42's market graph: it links P-1 AI's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur reasons over when benchmarking a founder's own raise against what is closing in the market right now.

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