Company news and developments, with original sources and dates.
Updated from source·Oct 18, 2026, 08:31 UTC
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.