SiMa.ai

SiMa.ai is a San Jose-based semiconductor and software company founded in 2018 that develops machine learning system-on-chips (MLSoCs) and software platforms for running AI inference at the edge in robots, industrial equipment, automotive systems, and smart devices. The company's platform includes a proprietary chipset and a no-code software platform called Palette, enabling high-performance machine learning inference at low power. Founded by Krishna Rangasayee, SiMa.ai has raised $500 million in cumulative funding and achieved a $1.45 billion valuation after its $150 million Series C in September 2026.