SiMa.ai raises $150 million in Series C funding
The funding round was co-led by Fidelity Management & Research Company and Amplify Partners.
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The funding round was co-led by Fidelity Management & Research Company and Amplify Partners.
The funding round also saw participation from India’s national badminton coach Pullela Gopichand, Darwinbox co-founder Rohit Chennamaneni, Swiggy co-founder Nandan Reddy and other angel investors.
The funding round saw participation from SIG Tattva and Trifecta Capital.
The fresh capital will be used to scale manufacturing, strengthen its AI and autonomy stack, expand deployments across India, and enter international markets.
The new physical AI tools include NVIDIA DRIVE Alpamayo-R1, an open industry-scale reasoning vision language action model for mobility.
SiMa.ai founder and CEO Krishna Rangasayee said the funding will fuel the company's global expansion and accelerate the scale-up of its Physical AI.