SiMa.ai Secures $70M to Propel Next-Gen Embedded Edge ML Innovations

SiMa.ai is revolutionizing edge AI/ML applications with its MLSoC platform, offering unprecedented flexibility and efficiency, and is poised for growth in industrial manufacturing, retail, aerospace, defense, agriculture, and healthcare.

Source: SiMa.ai

Company Name: SiMa.ai
Location: San Jose, CA
Sector: Embedded Edge Machine Learning System-on-Chip
Funding Details: Raised $70M in funding.
Purpose of Investment: To meet customer demand for its first-generation MLSoC and accelerate the delivery of its second-generation MLSoC for release in Q1 of 2025.
Leadership: Led by Krishna Rangasayee, Founder and CEO.

Product: A software-centric, embedded edge machine learning system-on-chip (MLSoC) that adapts to any framework, network, model, sensor, or modality, enhancing performance and energy efficiency for edge ML applications across various sectors.

About Company: SiMa.ai is revolutionizing edge AI/ML applications with its MLSoC platform, offering unprecedented flexibility and efficiency, and is poised for growth in industrial manufacturing, retail, aerospace, defense, agriculture, and healthcare.

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