TechnologySiMa.ai Raises $150M Series C, Valued at $1.45 Billion
SiMa.ai, a physical AI company with operations in the US and India, raised $150 million in a Series C funding round led by Fidelity Management & Research and Amplify. The total capital raised is now $500 million, valuing the company at $1.45 billion. Investors include Dell Technologies Capital, StepStone Group, AllianceBernstein, Baron Capital, and JP Morgan. Physical AI devices market is expected to reach 145 million units by 2035.
Business Standard·4h ago




