# P-1 AI Raises $50M Series A Led by NEA for Hardware Engineering Agents

On July 29, 2026, per GlobeNewswire, complex hardware engineering AI agent startup P-1 AI raised $50M in a Series A led by NEA, with NEA partner and former GE chairman Jeff Immelt joining the board. Co-founders include Paul Eremenko, former CTO of Airbus; the team has backgrounds in aerospace and complex hardware systems engineering.



Canonical: https://uniquebase.ai/news/567660c5-0f50-4580-9a89-38f105ad0677
Stable identifier: 567660c5-0f50-4580-9a89-38f105ad0677
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:21:32.462Z

## Connected profiles

- [NEA](/institutions/nea)
- [P-1 AI](/companies/p-1-ai)

## Sources

- https://www.globenewswire.com/news-release/2026/07/29/3335235/0/en/engineering-ai-startup-p-1-ai-ann