Physical AI Chipmaker SiMa.ai Raises $150M Series C at $1.45B Valuation - WOWTALE
Summary
SiMa.ai raised $150 million in a Series C round at a $1.45 billion valuation. The company builds full-stack edge AI silicon and software for physical AI use cases such as robots, vehicles, and drones. It plans to use the new capital to expand Palette Neat and develop a next-generation chip with 1,000 dense TOPS of compute. The company says its revenue has quadrupled year over year and cites customers and partners including Bosch, Micron, Synopsys, and Emerson.
Funding
Amount
$150.0M
Total raised
Date
September 28, 2026
Announcement date
Investors
Baron Funds, StepStone Group, +ND Capital, AllianceBernstein, Amplify Partners, Maverick Capital, Fidelity Labs
Lead investors
Company
sima.ai
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
Developer and IT Infrastructure
Internet of Things (IoT) Platforms
Development Platforms
