TLDR: SiMa.ai, a leading chip startup specializing in Physical AI solutions for edge applications, has successfully raised an additional $85 million in an oversubscribed funding round. This latest investment brings their total capital raised to $355 million, reinforcing their position in the rapidly expanding Physical AI market.
SAN JOSE, Calif. – August 1, 2025 – SiMa.ai, a pioneer in delivering purpose-built hardware and software solutions for Physical AI, today announced it has secured $85 million in an oversubscribed funding round. This significant investment elevates the company’s total capital raised to an impressive $355 million. The latest funding round was spearheaded by Maverick Capital, with continued strong participation from existing investors and the addition of new investor StepStone Group.
This substantial capital injection is earmarked to fuel SiMa.ai’s ambitious global expansion initiatives and to accelerate the scale-up of its innovative Physical AI platform. Key areas of investment include increased focus on software innovation, expansion of go-to-market operations, enhancement of customer success programs, and further strengthening of its automotive roadmap.
Krishna Rangasayee, Founder and CEO at SiMa.ai, emphasized the significance of this funding, stating, “This new funding further validates our leadership in the Physical AI space and the growing demand for Physical AI solutions that deliver best-in-class performance per watt with industry-leading ease of use.” He added, “With strong support from new and existing investors, we’re scaling quickly to extend our competitive lead and meet global customer demand across robotics, automotive, industrial automation, aerospace & defense, smart vision, and healthcare.”
SiMa.ai offers the industry’s leading full-stack Physical AI platform, known as SiMa.ai ONE. This integrated, power-efficient solution combines purpose-built silicon with a software-centric approach, designed to simplify deployment and maximize performance. The platform features Modalix, its second-generation multimodal MLSoC, which is currently shipping, and Palette, a comprehensive software suite that includes both an SDK and Edgematic, a no-code visual development tool.
The SiMa.ai platform supports all major machine learning frameworks, including vision, transformers, and generative AI, on a unified architecture. This enables fast and efficient AI adoption across a wide range of real-world use cases for customers in critical sectors such as robotics, automotive, industrial automation, aerospace & defense, smart vision, and healthcare.
Andrew Homan, Managing Partner at Maverick Capital, expressed his enthusiasm for SiMa.ai’s advancements, noting, “SiMa.ai is redefining what’s possible at the edge by combining world-class silicon with a uniquely software-centric approach to Physical AI. Their ability to deliver high-performance, low-power solutions with frictionless deployment positions them to lead in a market that’s scaling fast. We’re thrilled to support SiMa.ai as they accelerate their growth and continue to deliver transformative value across industries.”
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As the demand for AI at the edge continues to surge, where power efficiency, performance, and simplicity are paramount, SiMa.ai is poised to lead the next wave of Physical AI innovation by addressing the full system problem on a single chip and pairing it with a software stack optimized for developer experience.
