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The Weighted Average

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PHYMI raises nearly $100M for physical agents

PHYMI, an embodied-AI startup founded by former DeepRoute.ai executive Liu Nianqiu, raised nearly $100 million in seed funding, TechNode reports. IDG Capital led the round, which the company plans to put toward core research, real-world data infrastructure, product engineering, and hiring for “Physical Agents” that manipulate objects in open environments. The cheque is a market signal, not deployment evidence; the archive’s physical-AI funding record is the right benchmark for builders separating capital momentum from task-completion proof.