1 Articles

Tags :SiMa.ai

SiMa.ai Reaches $1.45B Valuation with $500 Million in Total Funding to Scale Physical AI in Humanoids, Automotive, and Drones - RobotHOT

SiMa.ai Reaches $1.45B Valuation with $500 Million in Total Funding to Scale Physical AI in Humanoids, Automotive, and Drones

SiMa.ai, a leader in Physical AI, announced $150 million in Series C financing, bringing the total capital raised to $500 million and valuing the company at $1.45 billion. The round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, Maverick Capital, +ND Capital, Point72 and StepStone Group. AllianceBernstein, Baron Capital, J.P. Morgan, and the State of Michigan also joined the round as new investors. The global market for Physical AI devices, including robotics, automotive, and drones, is set to explode with cumulative shipments projected to hit 145 million units by 2035, according to Counterpoint Research. This surge marks AI’s transition from software applications into tangible, real-world consumer and industrial hardware,...

RobotHOT - China & Global Robotics Insights

RobotHOT brings China & Global Robotics Insights. Explore robotics, embodied‑intelligence updates, startup news and industry analysis for professionals worldwide.

About USContact US