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Chip startup SiMa raises $70 million to quicken AI on cars and robots

SiMa.ai raised $70 million from Maverick Capital, Point72, Jericho, Amplify Partners, Dell Technologies Capital, and Fidelity Management. The startup designs chips for AI applications in consumer devices to process data into different content forms for a future where AI is mainstream.

Chip startup founded by Krishna Rangasayee, raises $70 million to quicken AI on cars and robots

Chip startup founded by Krishna Rangasayee, raises $70 million to quicken AI on cars and robots
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SiMa Raises Funds: Chip startup SiMa raises $70 million to quicken AI on cars and robots, ET Telecom

SiMa Raises Funds: SiMa.ai is one of a growing number of startups trying to perfect hardware for a future where AI is mainstream. Founded in 2018, it counts Taiwan Semiconductor Manufacturing Co. director Moshe Gavrielov and Intel Corp. board member Lip‑Bu Tan among its own board members.

SiMa ai Raises $70M in Funding

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SiMa ai Secures Funds and Readies New Generative Edge AI Platform

SiMa.ai, the software-centric, embedded edge machine learning system-on-chip company, today announced it has raised an additional $70M of funding led by Maverick Capital, with participation from Point72 and Jericho, as well as existing investors.

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