SiMa.ai Timeline

Events

• 2026-09-28 - Funding - SiMa.ai raises $150M Series C at $1.45B valuation - Alter Venture Partners, Dell Technologies Capital, Maverick Capital, +ND Capital, Point72 and StepStone Group participated; AllianceBernstein, Baron Capital, J.P. Morgan and the State of Michigan joined as new investors. The capital will scale the Palette… - source: markets.financialcontent.com
• 2026-08-31 - Partnership - SiMa.ai and ARK Electronics launch Modalix drone compute bundles - The packages combine SiMa.ai’s Modalix System-on-Module, built on the Modalix MLSoC, with ARK’s made-in-the-USA drone electronics. ARK built and validated the joint solutions for defence, industrial and agricultural UAS applications. The bundles became… - source: prnewswire.com
• 2026-08-24 - Product Launch - SiMa.ai and AVerMedia make integrated drone AI platform available - The platform combines SiMa.ai's Modalix MLSoC and Palette Neat software with AVerMedia embedded hardware. SiMa.ai states 50 TOPS of AI compute at under 10 watts for the integrated configuration. Availability began with the announcement; the 27 August Drone… - source: sima.ai
• 2026-06-23 - Partnership - Mistral and SiMa.ai partner on autonomous drone intelligence - The reference design combined Mistral drone hardware expertise with SiMa.ai Physical AI compute. The design targeted GPS-denied navigation, obstacle detection, sensor fusion and mission planning on-device. The partnership was aimed at drone OEMs and system… - source: prnewswire.com
• 2026-06-16 - Product Launch - SiMa.ai launches Palette Neat physical-AI development environment - Palette Neat is built for physical-AI application development at the edge. The launch pairs the software environment with SiMa.ai Modalix system-on-module hardware. The product gives SiMa.ai a concrete offering for commercial automation and autonomous-system… - source: sima.ai
• 2026-03-25 - Partnership - SiMa.ai integrates Nota AI NetsPresso with Palette SDK for physical-AI development and commercialization - The companies will jointly develop and commercialize on-device AI solutions, identify customers and execute pilot projects for industrial environments. NetsPresso integrates with SiMa.ai's Palette SDK; Nota says its compression and optimization can reduce… - source: sima.ai
• 2026-03-23 - Partnership - SiMa.ai and Advantech partnered to develop the Modalix PCIe Card for industrial edge AI - SiMa.ai developed the Modalix PCIe HHHL Card in partnership with Advantech, and said it doubles the performance of its predecessor. The card supports multimodal models and LLMs at the edge, with direct GMSL camera interfaces, Ethernet connectivity and… - source: sima.ai
• 2026-02-25 - Partnership - SiMa.ai and STIGA partner on robotic-mower physical AI - The 25 February 2026 announcement establishes a strategic partnership to bring AI-powered solutions to STIGA’s domestic and commercial robotic lawn-mower products. STIGA plans to use SiMa.ai’s ultra-low-latency, low-power edge-computing platform for… - source: sima.ai
• 2025-08-01 - Funding - SiMa.ai raises $85M to scale Physical AI platform - Maverick Capital led the round, with StepStone Group joining as a new investor. The capital supported global expansion, software innovation, go-to-market operations, customer success and the automotive roadmap. The platform serves robotics, industrial… - source: sima.ai
• 2025-07-30 - Partnership - SiMa.ai and Synopsys expand automotive AI collaboration - The expanded collaboration combines SiMa.ai's energy-efficient machine-learning processing with Synopsys' automotive IP and design tools for chiplet architectures and reference SoC designs. The partners are targeting low-power, real-time ADAS workloads such… - source: sima.ai
• 2025-07-29 - Partnership - Macnica becomes SiMa.ai physical-AI distributor in Japan - Macnica TecStar will distribute SiMa.ai's MLSoC platform and Palette software suite to Japanese customers across industrial, robotics, healthcare, smart-city and automotive markets. The arrangement adds Macnica's local technology-solutions network and… - source: sima.ai
• 2024-09-09 - Product Launch - SiMa.ai launches Modalix multimodal edge-AI product family - The product family extended SiMa.ai beyond vision-centric edge inference into multimodal physical-AI workloads. SiMa.ai positioned Modalix for embedded edge applications including robotics, industrial automation and autonomous systems. The product gives… - source: sima.ai
• 2024-04-04 - Funding - Maverick Capital leads SiMa.ai additional financing - Point 72 and Jericho joined Amplify Partners, Dell Technologies Capital, Fidelity Management & Research Company and Lip-Bu Tan. The company’s cumulative capital raised reached$270 million following the round. The next-generation MLSoC was planned for release… - source: sima.ai
• 2023-06-13 - Production Milestone - SiMa.ai first-generation edge-AI platform enters mass production - SiMa.ai said its first-generation MLSoC silicon, boards and Palette software reached production-grade release readiness and mass production. The milestone included full characterization and testing for production-grade silicon, boards and software… - source: sima.ai