SiMa.ai Raises $150M Series C+ Led by Amplify Partners for Edge Physical AI

SiMa.ai Secures $150M Series C+ to Scale Physical AI Platform

SiMa.ai, a developer of purpose-built hardware and software for Physical AI, has raised $150 million in a Series C+ funding round. The round was led by Amplify Partners and included participation from a broad syndicate of investors: Dell Technologies Capital, J.P. Morgan, ND Capital, Point72, StepStone Group, Baron Capital Group, Fidelity Management & Research Company, Maverick Capital, AllianceBernstein, State of Michigan, and Alter Venture Partners.

The funding was announced on September 28, 2026, and brings the company's total disclosed funding to the Series C+ stage. The capital will support SiMa.ai's mission to deliver a power-efficient, full-stack platform that integrates custom silicon and software to enable AI at the edge across a range of industries.

What SiMa.ai Does

SiMa.ai focuses on Physical AI — the application of artificial intelligence in physical systems such as robots, vehicles, and industrial machines. The company offers a full-stack platform that combines custom silicon with a software suite designed to simplify AI deployment.

Key components of the platform include:

• Modalix MLSoC chip: A purpose-built machine learning system-on-chip designed for power-efficient edge AI processing.
• Palette software suite: A set of tools, including no-code options, that make it easier for customers to deploy AI models on SiMa.ai hardware.

The company targets industries including robotics, automotive, industrial automation, aerospace & defense, smart vision, and healthcare. By providing both the chip and the software stack, SiMa.ai aims to reduce the complexity and time required to bring AI-enabled products to market.

Why This Matters for Acquirers

SiMa.ai operates at the intersection of two high-growth areas: edge AI and custom silicon. As AI workloads increasingly move from the cloud to edge devices, demand for power-efficient, integrated hardware-software solutions is rising. SiMa.ai's full-stack approach — spanning chip design to deployment tools — positions it as a potential acquisition target for companies looking to accelerate their edge AI capabilities.

The involvement of strategic investors such as Dell Technologies Capital and J.P. Morgan suggests confidence in the company's technology and market trajectory. The diverse investor base, including financial institutions and state-affiliated funds, indicates broad interest in the edge AI segment.

Funding Details

• Round type: Series C+
• Amount raised: $150,000,000 USD
• Announcement date: September 28, 2026
• Lead investor: Amplify Partners
• Participating investors: Dell Technologies Capital, J.P. Morgan, ND Capital, Point72, Amplify Partners, StepStone Group, Baron Capital Group, Fidelity Management & Research Company, Maverick Capital, AllianceBernstein, State of Michigan, Alter Venture Partners

About SiMa.ai

SiMa.ai develops purpose-built hardware and software solutions for Physical AI. Its platform integrates custom silicon and software to enable AI at the edge across industries such as robotics, automotive, industrial automation, aerospace & defense, smart vision, and healthcare. The company's Modalix MLSoC chip and Palette software suite are central to its offering, providing no-code tools for easy AI deployment.

For more information, visit sima.ai.

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This article is based on publicly disclosed funding information and company descriptions. No additional investors, amounts, or product claims have been inferred.