SiMa Technologies, Inc.

Founded in 2018 and based in San Jose, California, SiMa Technologies, Inc. specializes in integrated hardware and software solutions for deploying machine learning and artificial intelligence at the intelligent edge. SiMa Technologies, Inc. focuses on delivering advanced machine learning and artificial intelligence technologies.

The company was founded in 2018 by Krishna Rangasayee and Steven Rosston. It has secured USD 85 mn in Series B funding led by Maverick Ventures and participated by StepStone and others. The latest funding round occurred on August 1, 2025, and the company has raised a total of USD 85 mn to date, with a current valuation of USD 985. 34 mn.

SiMa Technologies has completed 7 deals to date. SiMa. ai specializes in providing integrated hardware and software solutions that address the challenges of deploying machine learning (ML) and artificial intelligence (AI) at the intelligent edge. Their flagship product, the MLSoC™ family, features a complete ML pipeline on a chip, which eliminates the CPU bottlenecks often associated with traditional architecture.

This technology is designed for multi-channel video applications, enabling lower power consumption while maintaining high efficiency. The company’s innovative Modalix platform exemplifies its commitment to leveraging Arm’s high-performance and power-efficient compute capabilities, facilitating the development of smarter, faster, and more sustainable systems across various industries including automotive, healthcare, robotics, and smart vision. SiMa. ai's products are marketed primarily in North America, Europe, and the Asia-Pacific region, serving a diverse clientele that includes companies in manufacturing, energy, and transport sectors.

SiMa. ai generates revenue through strategic partnerships, B2B transactions, and direct sales of its MLSoC™ solutions and associated development kits. The company collaborates with industry leaders to create customized solutions, which allow for scalable deployments in demanding environments. Transactions typically involve multi-year partnership agreements, where clients purchase SiMa.

ai’s technologies as part of broader integrated systems. The pricing structure reflects the advanced nature of the technology, catering to enterprise clients with complex AI needs. Revenue is primarily derived from sales of hardware modules and subscriptions for software support and updates related to their core products, enabling customers to enhance their AI capabilities efficiently and effectively. In August 2025, SiMa Technologies, Inc.

raised USD 85 mn in Series B funding led by returning investor Maverick Capital, with participation from new investor StepStone and other unspecified investors. The funding will be utilized to further develop its AI-based platform and expand its market reach. The company is focused on launching new products to enhance its existing offerings and plans to target expansion into additional geographic regions to broaden its customer base.