GoKawiilSiMa.ai raises $150M Series C at $1.45 billion valuation
Edge-AI chipmaker SiMa.ai closed a $150 million Series C round co-led by Fidelity Management & Research Company and Amplify, with Alter Venture Partners, Dell Technologies Capital, and StepStone Group also participating. The deal values the company at $1.45 billion, up from a $960 million valuation after its July 2025 Series B, and brings total funding raised to over $500 million.
GoKawiil's interpretation of the reporting above, not reported fact.
The jump from $960 million to $1.45 billion in just months suggests strong investor appetite for chips that let robots, drones and cameras run AI locally rather than depending on cloud connections. SiMa.ai's pitch of cheaper, energy-efficient alternatives to Nvidia's GPUs could position it to compete for the emerging 'physical AI' market, including humanoid robots, though its long-term traction against larger rivals remains unproven.
- SiMa.ai raised $150M in a Series C round valuing it at $1.45 billion.
- Fidelity Management & Research Company and Amplify co-led the round, joined by Dell Technologies Capital and others.
- Total funding for the chip startup, founded in 2018 by ex-Groq COO Krishna Rangasayee, now exceeds $500 million.
Source: techcrunch.com — Marina Temkin, 2026-09-28
Published there as: “Physical AI chip developer SiMa.ai hits $1.45B valuation”
Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.