SiMa.ai raises $150m Series C for AI that runs inside machines
Fidelity Management & Research and Amplify Partners co-led the round, valuing the processor and software company at $1.45bn.
Robots, drones and industrial equipment often need to interpret sensor inputs without waiting for a distant server. SiMa.ai combines its Modalix processors with Palette software to move trained models onto the device. Developers can optimize and package an application, evaluate it on a kit and then integrate a module, card or chip into their equipment.
The financing takes cumulative funding to $500m. The company is building on its current hardware and development environment while preparing a next generation of silicon for the first half of 2028. That separation matters for equipment makers: today’s deployment options use the Modalix family, while the higher-performance roadmap is intended for future designs.
What the funding supports
- Scale Palette Neat software
- Develop next-generation physical AI silicon
- Expand deployment across drones, robotics and automotive
SiMa.ai
Processors, modules and development software that help equipment makers run AI models locally in robots, drones, vehicles and industrial systems.
Company profile and funding history