SiMa.ai Raises $150 Million in Series C Funding…Cumulative $500 Million
Published2026.09.30 08:57
The round was co-led by Fidelity Management & Research Company and Amplify, with new investors including AllianceBernstein, Baron Capital, J.P. Morgan, and State of Michigan joining the round.
Existing investors participating include Alter Venture Partners, Dell Technologies Capital, Maverick Capital, Point72, and StepStone Group.
The company noted that it exceeded its target subscription goal.
The next-generation hardware aims to achieve 1,000 dense TOPS of computational performance based on physical AI-dedicated silicon.
The company reported that revenue grew four times year-over-year from 2024 through 2025, with growth continuing into 2026.
Based on these products, the company plans to expand its business scope into mid to high-end drones, humanoid robots, automotive advanced driver assistance systems (ADAS), and AI-based automotive cockpit applications.
The company stated that current customers can migrate existing applications to the next-generation architecture.
SiMa.ai founder and CEO Krishna Rangasayee stated, "Physical AI in humanoid robots, automotive, and drones is the gateway to unlocking a $50 trillion market," and added, "With this investment, we have secured the resources necessary to expand our physical AI-specialized platform and establish our market position."
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