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    Chip startup SiMa.ai raises $150M at $1.45B valuation●Physical AI custom chip startup SiMa.ai raises $150M at $1.45B valuation✉newsBusinessStartups46 min ago

    SiMa.ai, a startup making custom chips for physical AI applications such as robotics and embedded systems, has raised $150 million in new funding at a $1.45 billion valuation. The round underscores continued investor appetite for specialized AI silicon as demand grows for processing power outside data centers, with the company expected to use the capital to expand product development and go-to-market efforts.

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    Quartermaster raises $140M to expand ocean surveillance network●Quartermaster raises $140M Series B to expand ocean surveillance network✉newsEnvironmentOceans1 h ago

    Quartermaster has raised a $140 million Series B funding round to expand its ocean surveillance network. The company, which monitors maritime activity, will use the capital to scale its detection and tracking capabilities across the seas. The deal is being noted as a significant investment in maritime security and ocean-monitoring technology.