Technology28 Sept 2026SEO 881 min read

Analysis: Physical AI chip developer SiMa.ai hits $1.45B valuation

SiMa.ai , a startup developing chips and software that allow robots, drones, cameras, and other devices to run AI directly on the device, has raised a $150 mil…

SiMa.ai , a startup developing chips and software that allow robots, drones, cameras, and other devices to run AI directly on the device, has raised a $150 million Series C at a $1.45 billion valuation. The round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, and StepStone Group. Founded in 2018 by Krishna Rangasayee, who was previously the COO of chipmaker Groq, the company provides energy-efficient c…

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AnalysisPhysicalchipdeveloperSiMaaihits145Bvaluation