SiMa.ai raises $150m Series C for Palette Neat and next-generation silicon
Fidelity Management & Research Company and Amplify co-led the round, bringing cumulative funding to $500m.
SiMa.ai raised $150 million in a Series C co-led by Fidelity Management & Research Company and Amplify. The financing brings cumulative funding to $500 million; that total is separate from the latest round.
The company plans to scale Palette Neat, its agentic software environment for physical AI, and develop next-generation silicon targeting 1,000 TOPS. Next-generation hardware was slated for the first half of 2028.
SiMa.ai combines MLSoC processors and Palette software for AI workloads on robots, vehicles and other devices. The company reports more than 150 customers, providing a commercial base for the new software and hardware development.
Use of funds
Scale Palette Neat, an agentic software environment for Physical AI
Develop next-generation silicon capable of 1,000 TOPS