SiMa.ai Secures $85 Million to Scale Physical AI

SiMa.ai, developer of purpose-built hardware and software solutions for Physical AI, led by Krishna Rangasayee, Gopal Hegde, Harry Kroger, and Azfar Hasib, has raised $85 million in an oversubscribed round, bringing total capital raised to $355 million, led by Maverick Capital, with continued participation from existing investors and new investor StepStone Group.

SiMa.ai’s new funding will support global expansion and accelerate the growth of its Physical AI platform, with increased investment in software development, go-to-market operations, customer success, and advancements in its automotive roadmap.

Backed by strong support from new and existing investors, SiMa.ai is rapidly scaling to extend its competitive lead and meet global demand across robotics, automotive, industrial automation, aerospace and defense, smart vision, and healthcare.

SiMa.ai offers the industry’s leading full-stack Physical AI platform, combining power-efficient silicon with a software-centric approach for fast, efficient AI deployment. Its platform—featuring the second-gen Modalix MLSoC and the Palette software suite—supports all major ML frameworks and enables seamless adoption across robotics, automotive, industrial automation, aerospace & defense, smart vision, and healthcare.

As demand for edge AI grows, SiMa.ai stands out by solving the full system problem on a single chip and delivering a developer-friendly software stack—positioning the company to lead the next wave of Physical AI innovation.