The round includes participation from all previous investors as well as a new investment from Lip-Bu Tan. The new investment extends and closes its Series B financing of $110M and brings SiMa.ai's total funding raised to date to $150 million. SiMa.ai's latest round of funding will be used to accelerate scaling of the engineering and business teams globally.

SiMa.ai is a machine learning company delivering the industry's first software-centric, purpose-built MLSoC platform. With push-button performance, we enable effortless ML deployment and scaling at the embedded edge by allowing customers to address any computer vision problem while achieving 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