SiMa.ai Raised $150 Million to Scale Physical AI Chips
The company hit a $1.45 billion valuation to support edge-computing hardware for robots and drones arriving by 2028.
Updated on Oct. 12, 2026 in Robotics
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SiMa.ai secured $150 million in Series C financing, bringing its total funding to $500 million and establishing a $1.45 billion company valuation. The funding round supports the development of integrated silicon and software platforms designed to run artificial intelligence on edge devices.
Why it matters
As demand for localized computing grows, the industry is shifting toward hardware capable of performing complex AI tasks outside of centralized data centers. This investment aims to accelerate the deployment of power-efficient processors for robotics, drones, and autonomous vehicles.
SiMa.ai targets high-performance computing for edge environments, aiming for 1,000 dense TOPS (trillions of operations per second) within strict power and size constraints. The firm currently reports a quadrupling of revenue between 2024 and 2025.
The players
SiMa.ai
A developer of integrated hardware and software platforms for edge-based artificial intelligence.
Fidelity Management and Research Company
An investment firm that co-led the Series C funding round for SiMa.ai.
Amplify
A venture firm that co-led the $150 million Series C financing investment.
The details
SiMa.ai provides an integrated platform that combines custom silicon and proprietary software designed to manage artificial intelligence workloads locally. By optimizing chips specifically for the physical constraints of robots and drones, the company attempts to eliminate the need for high-latency connections to cloud-based data centers. This localized approach is intended to allow for real-time decision-making in edge environments where weight and power usage are critical factors.
Timeline
Revenue growth for the company quadrupled between 2024 and 2025.
The funding announcement occurred on October 12, 2026.
Company revenue is expected to continue growing throughout 2026.
New product releases are scheduled for the first half of 2028.
Projected shipments of physical AI devices are expected to reach 145 million units by 2035.
The Tech Race
SiMa.ai is positioning itself to capture a significant portion of the projected $50 trillion market for physical AI. Its efforts follow the industry-wide trajectory towards deploying 145 million physical AI device shipments by 2035.
The company expects its technology to influence the capabilities of autonomous vehicles, drones, and robotics by the first half of 2028. Consumers and industrial operators can expect more capable, localized AI performance as these hardware platforms reach commercial viability.
The takeaway
The firm is betting on a rapid transition toward localized AI processing that bypasses traditional data center dependencies. Stakeholders should monitor the company's product releases in early 2028 to verify whether its chip performance meets its high-density computing targets.
Further reading
For more on how edge-computing hardware is changing deployment timelines, see the Robotics section.
Source note: This article includes information reported by Intelligentcio.
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