Last Updated: 1 August 2025
AI innovator SiMa.ai has raised $85 million in an oversubscribed funding round, led by Maverick Capital and joined by new investor StepStone Group. This latest investment brings SiMa.ai’s total capital raised to an impressive $355 million.
With the round led by Maverick Capital, existing investors also participated, reinforcing their confidence in the company's vision.
SiMa.ai operates in the rapidly expanding Physical AI market, providing specialized hardware and software solutions tailored for edge computing. As the demand for power-efficient, high-performance AI solutions continues to increase across industries such as robotics, automotive, industrial automation, aerospace, smart vision, and healthcare, SiMa.ai has positioned itself as a leader.
"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."
Krishna Rangasayee, Founder and CEO at SiMa.ai
The newly raised capital will support SiMa.ai’s expansion into international markets and accelerate the growth of its Physical AI platform. This includes increased investment in software development, market outreach, customer success initiatives, and enhancements to its automotive solutions.
The company has outlined clear goals to expand its reach, meeting global customer demands more rapidly. They also intend to invest significantly in innovation, advancing their position in industries that require advanced AI capabilities at the edge.
Founded by seasoned technology veterans and headquartered in San Jose, California, SiMa.ai offers an industry-leading full-stack Physical AI platform known as SiMa.ai ONE. This integrated solution combines tailored silicon hardware and software to simplify deployment and optimize performance.
SiMa.ai’s platform includes Modalix, their second-generation multimodal MLSoC, currently shipping to customers, and Palette, a comprehensive software suite featuring an SDK and Edgematic, a user-friendly, no-code visual development tool. Their unified architecture supports all major machine learning frameworks, including vision processing, transformers, and generative AI.
"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."
Andrew Homan, Managing Partner at Maverick Capital
This funding round was significantly oversubscribed, highlighting the investor community's strong belief in SiMa.ai's strategy and growth prospects. StepStone Group’s entry into the investment circle further demonstrates the broadening appeal of SiMa.ai’s solutions.
"As generative AI transforms the data center landscape, we see immense opportunity in the next phase of innovation—AI at the edge. SiMa.ai's full-stack solution, technical depth, and growing customer adoption make it a clear leader in this space.."
John Avirett, Partner at StepStone Group
