Flat Capital AB (publ) (“Flat”) invests approx. 7.4 MSEK in the AI and robotics company Physical Intelligence (“Pi”) in connection with a new financing round, and has thus invested a total of approx. 18.1 MSEK in the company. Other prominent investors in Pi include Jeff Bezos' investment firm Bezos Expeditions, OpenAI Startup Fund, Sequoia Capital, Khosla Ventures and Thrive Capital. Flat's investment is made through a Special Purpose Vehicle (“SPV”) structure that entails administrative costs in line with market practice
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