SiMa.ai, a company delivering hardware and software solutions for Physical AI, has raised $85 million in an oversubscribed round, bringing total capital raised to $355 million. The latest round was led by Maverick Capital, with continued participation from existing investors and new investor StepStone Group.
This funding will fuel SiMa.ai’s global expansion and accelerate the scale-up of its Physical AI platform, including increased investment in software innovation, go-to-market operations, customer success and strengthening the automotive roadmap.
“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,“ said Krishna Rangasayee, Founder and CEO at SiMa.ai. “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 & defence, smart vision and healthcare.“
SiMa.ai ONE is an integrated, power-efficient solution combining purpose-built silicon and a software-centric approach to simplify deployment and maximise performance. The platform features Modalix, its second-gen multimodal MLSoC now shipping, and Palette, a comprehensive software suite with both SDK and Edgematic, a no-code visual development tool.
“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, “ said Andrew Homan, Managing Partner at Maverick Capital.
Published on August 1, 2025
