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GreyOrange vs Physical Intelligence

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Physical Intelligence is valued at $5.6B — more than 3x GreyOrange's $700M.

Head-to-Head Verdict

GreyOrange leads on 3 of 5 metrics

GreyOrange

3 wins

-Valuation
-Funding
+Awaira Score
+Team Size
+Experience

Physical Intelligence

2 wins

+Valuation
+Funding
-Awaira Score
-Team Size
-Experience

Key Numbers

Valuation
$700M
$5.6B
Total Funding
$470M
$1.1B
Awaira Score
90/100
88/100
Employees
500+
75
Founded
2012
2024
Stage
Series D
Series B
GreyOrangePhysical Intelligence
Winner
GreyOrange logo
GreyOrange

🇮🇳 India · Akash Gupta

Series DAI RoboticsEst. 2012

Valuation

$700M

Total Funding

$470M

Awaira Score90/100

500+ employees

Full GreyOrange Profile →
Physical Intelligence logo
Physical Intelligence

🇺🇸 United States · Karol Hausman

Series BAI RoboticsEst. 2024

Valuation

$5.6B

Total Funding

$1.1B

Awaira Score88/100

75 employees

Full Physical Intelligence Profile →
Market Context

Both companies compete in the AI Robotics space, though from different geographies — GreyOrange in India and Physical Intelligence in United States. Different stages (Series D vs Series B) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Within AI Robotics, GreyOrange and Physical Intelligence rank among the most closely watched rivals. GreyOrange is an AI-powered warehouse robotics and fulfillment orchestration company that deploys mobile robots, AI software, and integration services to automate order fulfillment in e-commerce, retail, and third-party logistics warehouses globally. Physical Intelligence is an AI robotics company founded in 2024 that develops general-purpose robot control systems using artificial intelligence.

Funding & Valuation

Physical Intelligence commands a $5.6B valuation — roughly 8x that of GreyOrange at $700M, a gap that underscores their different scales. Both have attracted significant capital — Physical Intelligence with $1.1B and GreyOrange with $470M.

Growth Stage

GreyOrange (est. 2012) predates Physical Intelligence (est. 2024) by 12 years, a significant head start in building market presence. Stage-wise, GreyOrange is classified as Series D and Physical Intelligence as Series B, reflecting divergent fundraising histories. Team sizes also differ: GreyOrange employs 500+ people versus Physical Intelligence's 75.

Geography & Outlook

GreyOrange operates out of 🇮🇳 India while Physical Intelligence is based in 🇺🇸 United States, giving each a distinct home-market advantage. The Awaira Score reflects a tight race: 90 for GreyOrange versus 88 for Physical Intelligence. Under Akash Gupta and Karol Hausman respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

GreyOrange

Total Rounds1
Avg. Round Size$140M

Physical Intelligence

Total Rounds2
Avg. Round Size$535M
Funding Span0.5 yrs

Funding History

GreyOrange has completed 1 funding round, while Physical Intelligence has gone through 2. GreyOrange's most recent round was a Series C of $140M, compared to Physical Intelligence's Series B ($1B). GreyOrange is at Series D while Physical Intelligence is at Series B — different points in their growth trajectory.

Team & Scale

GreyOrange is significantly larger with about 500+ employees, compared to Physical Intelligence's 75. That's a 7x difference in headcount. GreyOrange has a 12-year head start, founded in 2012 vs Physical Intelligence's 2024. Geographically, they're in different markets — GreyOrange operates out of India and Physical Intelligence from United States.

Metrics Comparison

MetricGreyOrangePhysical Intelligence
💰Valuation
$700M
$5.6BWINS
📈Total Funding
$470M
$1.1BWINS
📅Founded
2012
2024WINS
🚀Stage
Series D
Series B
👥Employees
500+
75
🌍Country
India
United States
🏷️Category
AI Robotics
AI Robotics
Awaira Score
90WINS
88

Key Differences

💰

Valuation gap: Physical Intelligence is valued 8x higher ($5.6B vs $700M)

📈

Funding gap: Physical Intelligence has raised $600M more ($1.1B vs $470M)

📅

Market experience: GreyOrange has 12 years more (founded 2012 vs 2024)

🚀

Growth stage: GreyOrange is at Series D vs Physical Intelligence at Series B

👥

Team size: GreyOrange has 500+ employees vs Physical Intelligence's 75

🌍

Market base: 🇮🇳 GreyOrange (India) vs 🇺🇸 Physical Intelligence (United States)

⚔️

Direct competitors: Both operate in the AI Robotics market segment

Awaira Score: GreyOrange scores 90/100 vs Physical Intelligence's 88/100

Which Should You Choose?

Use these signals to make the right call

GreyOrange logo

Choose GreyOrange if…

Top Pick
  • Higher Awaira Score — 90/100 vs 88/100
  • More market experience — founded in 2012
  • India-based for regional compliance or proximity
  • GreyOrange is an AI-powered warehouse robotics and fulfillment orchestration company that deploys mobile robots, AI software, and integration services to automate order fulfillment in e-commerce, retail, and third-party logistics warehouses globally
Physical Intelligence logo

Choose Physical Intelligence if…

  • More established by valuation ($5.6B)
  • Stronger investor backing — raised $1.1B
  • United States-based for regional compliance or proximity
  • Physical Intelligence is an AI robotics company founded in 2024 that develops general-purpose robot control systems using artificial intelligence

Funding History

GreyOrange raised $470M across 1 round. Physical Intelligence raised $1.1B across 2 rounds.

GreyOrange

Series C

Sep 2018

Lead: Mithril Capital

$140M

Physical Intelligence

Series B

Dec 2024

$1B

Series A

Jun 2024

$70M

Investor Comparison

No shared investors detected between these two companies.

Unique to GreyOrange

Mithril CapitalTiger GlobalBlume Ventures

Unique to Physical Intelligence

OpenAI Startup FundKhosla VenturesThrive CapitalLowercase Capital

Users Also Compare

FAQ — GreyOrange vs Physical Intelligence

Is GreyOrange bigger than Physical Intelligence?
By valuation, Physical Intelligence is the larger company at $5.6B versus $700M — a 8x difference. Size can also be measured by team: GreyOrange employs 500+ people while Physical Intelligence has 75 employees.
Which company raised more funding — GreyOrange or Physical Intelligence?
Physical Intelligence has raised more in total funding at $1.1B, compared to GreyOrange's $470M — a gap of $600M. Combined, the two companies have completed 3 known funding rounds.
Which company has a higher Awaira Score?
GreyOrange leads with an Awaira Score of 90/100, while Physical Intelligence sits at 88/100. That 2-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded GreyOrange vs Physical Intelligence?
GreyOrange was founded by Akash Gupta in 2012. Physical Intelligence was founded by Karol Hausman in 2024. Visit each company's profile on Awaira for a full founder biography.
What does GreyOrange do vs Physical Intelligence?
GreyOrange: GreyOrange is an AI-powered warehouse robotics and fulfillment orchestration company that deploys mobile robots, AI software, and integration services to automate order fulfillment in e-commerce, retail, and third-party logistics warehouses globally. The company's Ranger robot series and GreyMatter AI platform work together to optimize task allocation, traffic management, and inventory placement across automated fulfillment centers.\n\nThe company raised approximately $300M and achieved a unicorn-level valuation, with deployments at major global retailers and logistics companies in the United States, Europe, and Asia. GreyOrange has established a strong position in the US warehouse robotics market, competing with Symbotic, Locus Robotics, and 6 River Systems for large enterprise fulfillment automation contracts.\n\nFulfillment automation has become a strategic imperative for retailers and logistics companies managing the scale and speed requirements of modern e-commerce. GreyOrange's dual strength in both hardware robotics and AI orchestration software gives it an integrated offering that is difficult for pure hardware or pure software competitors to replicate without substantial investment in the adjacent capability. GreyOrange operates in the AI Robotics sector and is headquartered in India. Founded in 2012 by Akash Gupta, GreyOrange has raised $470M in total funding, achieving a valuation of $700M as of its latest round. The company's funding journey includes a Series C of $140M in 2018. The most recent round was led by Mithril Capital. With approximately 500+ employees, GreyOrange has established itself as a Series D-stage player in the AI Robotics market. The company holds an Awaira Score of 90/100, reflecting its strong position across valuation, funding trajectory, team scale, and market influence. GreyOrange competes in a rapidly evolving segment alongside other AI Robotics companies. As part of India's growing AI ecosystem, GreyOrange is positioned to capitalize on the region's expanding tech talent pool and enterprise demand. The AI Robotics space has attracted significant investment in recent years, with companies racing to capture enterprise and consumer demand for AI-powered solutions. Physical Intelligence: Physical Intelligence is an AI robotics company founded in 2024 that develops general-purpose robot control systems using artificial intelligence. The company focuses on creating software and algorithms that enable robots to perform complex physical tasks across diverse environments and applications. Physical Intelligence's core technology centers on training AI models that can interpret high-level instructions and translate them into precise robotic movements and actions. The company's approach emphasizes developing foundational AI systems capable of controlling different robot platforms, rather than building hardware itself. This positions Physical Intelligence within the broader AI robotics sector, competing alongside companies focused on embodied AI and robot learning systems. With $1.07 billion in total funding and a valuation of $5.6 billion, Physical Intelligence has achieved Series B stage rapidly, indicating significant investor confidence despite being newly established. The company operates in a competitive landscape including other AI robotics ventures pursuing similar goals of general-purpose robot intelligence. Specific customer partnerships and deployed use cases remain largely undisclosed. Physical Intelligence's trajectory reflects broader industry momentum toward AI-driven automation, with particular interest in systems that can generalize across multiple robotic platforms and task domains. The company's substantial funding and valuation suggest investor belief in its technical approach and market potential. Physical Intelligence achieved a $5.6B valuation in its founding year, reflecting exceptional investor confidence in its AI robotics approach.
Which company was founded first?
GreyOrange got there first, launching in 2012 — that's 12 years of extra runway. Physical Intelligence didn't arrive until 2024. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
GreyOrange has about 500+ employees; Physical Intelligence has about 75. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are GreyOrange and Physical Intelligence competitors?
Yes — they're direct rivals. Both GreyOrange and Physical Intelligence compete in AI Robotics, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

It's close. Both GreyOrange and Physical Intelligence are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.

Who Should You Watch?

This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive