SiMa.ai raises $150m at a $1.45bn valuation for physical AI chips
SiMa.ai has raised $150m in a Series C round that values the company at $1.45bn, it announced on Monday. The San Jose startup makes chips and software that let robots, drones and cars run AI on the device itself.
Fidelity Management & Research Company and Amplify co-led the round. Alter Venture Partners, Dell Technologies Capital, Maverick Capital, +ND Capital, Point72 and StepStone Group also took part. AllianceBernstein, Baron Capital, J.P. Morgan and the State of Michigan joined as new investors.
The round takes SiMa.ai’s total funding to $500m. It was valued at $960m after an $85m Series B in July 2025, TechCrunch reported, citing PitchBook data.
A lower-power rival to Nvidia
SiMa.ai pitches its chips as a cheaper, lower-power option to Nvidia’s GPUs for what it calls physical AI: machines that sense and act in the real world. The company says its platform cuts deployment time from months...
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