SiMa.ai, a pioneer in delivering purpose-built hardware and software solutions for Physical AI, today announced it has raised $85 million in an oversubscribed round, bringing total capital raised to $355 million. The latest round was led by Maverick Capital, with continued participation from existing investors and new investor StepStone Group.

SiMa.ai is a pioneer in Physical AI computing, developing innovative platforms that enable intelligent applications at the edge. The company's Modalix platform delivers exceptional AI performance with industry-leading energy efficiency, making advanced AI capabilities accessible across diverse industries and applications such as robotics, automotive, industrial automation, aerospace & defence, smart vision and healthcare.