SiMa.ai
SiMa.ai is an Edge AI company founded in 2018 and based in San Jose, USA. It has raised $355M in total funding, most recently a Series C in 2026 at a $1.4B valuation.
SiMa.ai, founded in 2018 by semiconductor veteran Krishna Rangasayee (ex-EVP/GM Xilinx, ex-COO Groq), develops what it calls a 'Physical AI' platform: purpose-built silicon and software for running AI inference at the edge without a cloud tether. Its MLSoC (Machine Learning System-on-Chip) entered mass production in 2023; the second-generation Modalix chip targets multimodal generative AI workloads on devices like drones, cameras, and robots. The full stack — branded SiMa.ai ONE — pairs Modalix silicon with the Palette SDK, Palette Edgematic development environment, and LLiMa software runtime. SiMa.ai has raised $355M in total, most recently an $85M round led by Maverick Capital in August 2025. A further Series C (undisclosed amount, reported at a $1.4B target valuation) closed in April 2026.
As AI moves from the cloud to cameras, robots, and vehicles, the bottleneck shifts to power-efficient, programmable edge silicon. SiMa.ai's software-centric MLSoC approach — where the same workload runs unchanged across chip generations — reduces integration friction that has historically held back edge AI deployments in automotive and industrial programs.
sima.ai ↗·Edge AI·USA·private