SiMa.ai Secures $150M Series C Funding at $1.45B Valuation for Physical AI Chip Development
SiMa.ai, a physical AI chip developer, raised $150 million in Series C funding at a $1.45 billion valuation, bringing total funding to $500 million. The San Jose startup offers low-power chips and software for robots, drones, and autonomous vehicles, positioning itself as a cost-effective alternative to Nvidia for AI on edge devices.