EDGE
  • home.svg
    Home
  • news.svg
    All updates
  • news.svg
    EDGE Insights
  • list.svg
    Industries
  • db-search.svg
    Company Search
  • company-list.svg
    My Watchlists (Beta)
All Updates

All Updates

icon
Filter
Funding
SiMa.ai raises USD 30 million Series B funding
Edge Computing
May 26, 2022
This week:
Partnerships
T-Mobile partners with OpenAI to develop AI-powered customer service platform
Generative AI Applications
Today
Partnerships
Runway partners with Lionsgate to develop AI video tools using studio's movie catalog
Generative AI Applications
Yesterday
Funding
QMill raises EUR 4 million in seed funding to provide quantum computing industrial applications
Quantum Computing
Yesterday
Product updates
QuiX Quantum launches 'Bia' quantum cloud computing service for quantum solutions
Quantum Computing
Yesterday
Partnerships
Oxford Ionics and Infineon Technologies partner to build portable quantum computer for Cyberagentur
Quantum Computing
Yesterday
Product updates
‧
Partnerships
Tencent Ai Lab launches EzAudio AI for text-to-audio generation with Johns Hopkins University
Foundation Models
Yesterday
Funding
TON secures USD 30 million in investment from Bitget and Foresight Ventures
Web3 Ecosystem
Yesterday
Funding
Hemi Labs raises USD 15 million in funding to launch blockchain network
Web3 Ecosystem
Yesterday
Product updates
Fivetran launches Hybrid Deployment for data pipeline management
Machine Learning Infrastructure
Yesterday
Product updates
Fivetran launches Hybrid Deployment for data pipeline management
Data Infrastructure & Analytics
Yesterday
Edge Computing

Edge Computing

View industry hub
May 26, 2022

SiMa.ai raises USD 30 million Series B funding

Funding

  • SiMa.ai, a system-on-chips (SoC) manufacturer for edge computing, raised a further USD 30 million in Series B funding from Fidelity Management & Research Company with participation from Lip-Bu Tan and previous investors. This brings SiMa’s total Series B funding to USD 110 million and its total funding to USD 150 million.

  • The funds will be used to scale the company’s engineering and business teams globally and invest in hardware and software product development.

<ul><li> Analyst QuickTake : SiMa.ai offers a similar solution to Kneron , Syntiant , and Blaize , all of which raised funding in the past year (Syntiant raised USD 55 million in March; Kneron raised USD 25 million last December; Blaize raised USD 71 million last July). This round puts SiMa.ai marginally ahead of its competition in terms of total funding, with Kneron, Syntiant, and Blaize having USD 115 million, USD 136 million, and USD 120 million, respectively.</ul>

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.