SiMa.ai Raises $150M Series C, Valuation Reaches $1.45 Billion

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Edge computing chip startup SiMa.ai has secured $150 million in a Series C funding round, pushing its valuation to $1.45 billion. The round was co-led by investment firms Fidelity and Amplify. SiMa.ai specializes in developing Physical AI chips designed for edge computing applications. The fresh capital marks a significant milestone for the company as it scales its hardware AI ambitions.

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