Physical AI chip developer SiMa.ai hits $1.45B valuation
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Edge computing startup SiMa.ai has raised a $150 million Series C funding round at a $1.45 billion valuation, co-led by Fidelity Management and Amplify. Founded in 2018 by Krishna Rangasayee, the company develops energy-efficient chips allowing devices like drones and robots to run AI locally, bringing its total capital raised to over $500 million.
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