SiMa.ai

Semiconductors · Robotics · Edge AI

Funding

SiMa.ai raises $150M Series C at $1.45B valuation for robot chips

The round bets that power efficiency, not raw GPU horsepower, decides who wins the robotics and drone silicon race.

• SiMa.ai closed a $150 million Series C co-led by Fidelity Management & Research Company and Amplify, valuing the company at $1.45 billion and lifting total funding to $500 million.
• SiMa.ai builds purpose-built AI chips and its Palette Neat software for 'Physical AI' devices—robots, drones, and cars—that need to run AI locally instead of relying on the cloud.
• The capital funds a third-generation chip and chiplet platform targeting 1,000 TOPS of compute at just 80 watts, slated to ship in the first half of 2028 for drones, humanoid robots and automotive ADAS.
• SiMa.ai claims its current platform delivers roughly 10x better performance per watt than Nvidia's Jetson Orin, with 70% of customers now scaling toward production and 30% still in pilots.
• Counterpoint Research projects cumulative Physical AI device shipments will hit 145 million units by 2035, as AI shifts from software into real-world hardware.
• The raise underscores investor conviction that battery-constrained robots and drones need silicon built from scratch for power efficiency, not repurposed cloud GPUs, a thesis also drawing rivals like D-Robotics' $400M round.