US-based start-up SiMa.ai secures $85m in funding led by Maverick Capital, bringing total raised to $355m. New investor StepStone Group also joins. Plans to use funds for global expansion and improving Physical AI platform for various sectors like automotive and healthcare. SiMa.ai ONE platform combines silicon and software for optimized performance. Maverick Capital praises SiMa.ai’s approach to Physical AI, supporting their growth and transformative value across industries. Previous funding round in April 2024 secured $70m for autonomous vehicle chip technology.

Read more at Yahoo Finance: SiMa.ai secures $85m to support global expansion