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

SiMa.ai, a startup processing chips and bundle that let robots, drones, cameras, and different devices to tally AI straight connected the device, has raised a $150 cardinal Series C astatine a $1.45 cardinal valuation. The circular was co-led by Fidelity Management & Research Company and Amplify, with information from Alter Venture Partners, Dell Technologies Capital, and StepStone Group. 

Founded successful 2018 by Krishna Rangasayee, who was antecedently the COO of chipmaker Groq, the institution provides energy-efficient chips that destruct the request to nonstop information backmost and distant to the cloud. SiMa.ai hopes that its low-latency show and much affordable chips, compared to Nvidia’s GPUs, volition assistance it seizure the increasing marketplace for carnal AI devices, including humanoid robots.

The caller circular brings SiMa.ai’s full superior raised to implicit $500 million. The startup was antecedently valued astatine $960 cardinal aft raising an $85 cardinal Series B successful July 2025, according to PitchBook.