SiMa.ai, a company specializing in hardware and software solutions for Physical AI, announced it has raised $85 million in an oversubscribed funding round. This brings SiMa.ai's total capital raised to $355 million.
StepStone Group Inc. participated as a new investor in this round, which was led by Maverick Capital and included continued participation from existing investors. This investment highlights StepStone's strategic interest in advanced technology sectors.
SiMa.ai's focus on Physical AI aims to address the growing demand for efficient AI solutions. StepStone's involvement as a new investor supports the company's global expansion and its mission to scale its innovative offerings, contributing to StepStone's diversified private markets portfolio.
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