SiMa.ai Raises $30 Million in Series A Investment Round Led by Dell Technologies Capital
Amount Raised
$30 Million
Round Type
Series A
San JoseManufacturingInformation TechnologySoftwareArtificial IntelligenceMachine LearningInvestors
Description
SiMa.ai™, the machine learning company enabling high performance compute at the lowest power, today announced a $30 million Series A funding round led by Dell Technologies Capital with participation from institutional investors Amplify Partners, Wing Venture Capital, and +ND Capital. The round brings the total amount raised to $40 million. SiMa.ai will use the funding to accelerate production and deliver on customer commitments. Daniel Docter, Managing Director at Dell Technologies Capital joins the SiMa.ai Board of Directors.
Quick answer
SiMa.ai raised $30 Million in a Series A round, dated May 12, 2020. Investors: Dell Technologies Capital. SiMa.ai is based in San Jose, California, United States.
- How much did SiMa.ai raise?
- SiMa.ai raised $30 Million in a Series A round on May 12, 2020.
- Who invested in SiMa.ai?
- Dell Technologies Capital is named as investors in this round.
- What does SiMa.ai do?
- SiMa.ai is a Machine Learning company delivering the industry’s first software-centric, purpose-built MLSoC platform.
- Where is SiMa.ai based and how big is it?
- SiMa.ai is based in San Jose, California, United States. Fundz records about 230 employees.
- Who are the decision-makers at SiMa.ai?
- Fundz holds 4 contacts at SiMa.ai, including the VP/Head of People & Culture. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Software around the same time
Companies in the same sectors as SiMa.ai that raised within 45 days of this round, from Fundz verified event records.
- SambaNova raised $158M on May 14, 2020.
- Datavault AI raised $5.3M on June 24, 2020.
- Datavault AI raised $5.8M on June 19, 2020.
- IQM Quantum Computers Plc raised $22M (Funding Round) on June 11, 2020.
- TAUTACHROME INC. raised $4K (Seed) on June 8, 2020.
- FiEE, Inc. raised $3.4M (Seed) on May 29, 2020.
Who to call at SiMa.ai, and when
A new round usually means SiMa.ai is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SiMa.ai raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SiMa.ai, from your own LinkedIn network
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Funding Insights
What this usually meansSiMa.ai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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