Fundz

SiMa.ai secures $70M in an extension funding round to bring its second-generation chipset for multimodal GenAI processing to market.

PRIVATEApr 04, 2024

Amount Raised

$70 Million

Round Type

Funding Round

San JoseManufacturingInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Description

SiMa.ai has raised a $70 million extension funding round to introduce its second-generation chipset, specifically built for multimodal generative AI processing.

Quick answer

SiMa.ai raised $70 Million in a Funding Round round, dated April 4, 2024. SiMa.ai is based in San Jose, California, United States.

How much did SiMa.ai raise?
SiMa.ai raised $70 Million in a Funding Round round on April 4, 2024.
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 $676M (Series D) on March 28, 2024.
  • Gong i.o Ltd. raised $250M (Series E) on May 18, 2024.
  • CRMBonus raised $75M (Series B) on May 16, 2024.
  • Voxel51 raised $30M (Series B) on May 16, 2024.
  • Datavault AI raised $2.4M (Seed) on May 15, 2024.
  • Aerial raised $2M (Pre-Seed) on May 14, 2024.

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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Company Information

Company

SiMa.ai

Location

333 W San Carlos St, Suite 1100

San Jose, California, United States

About

SiMa.ai is a Machine Learning company delivering the industry’s first software-centric, purpose-built MLSoC platform. We enable Effortless ML deployment and scaling at the embedded edge AI by allowing customers to address any computer vision problem while achieving up to 10x better performance at the lowest power. Initially focused on computer vision applications, SiMa.ai is led by technologists and business veterans backed by a set of top investors committed to helping customers bring ML on their platforms.

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Fundz sees it the moment SiMa.ai raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
Verified contactsAzfar H., VP/Head of People & CultureSee plans and pricing
Predictive Intelligence
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SiMa.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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