Velaura AI, which is developing low-power chips for data centers and physical AI applications, like robotics, raised a $110M Series A at a $1B+ valuation (Prathik Jayaprakash/Reuters)
Velaura AI entered unicorn territory with its first major venture round.
The chip startup raised $110 million in Series A funding at a valuation above $1 billion, according to Techmeme's note. The company is working on low-power chips aimed at data centers and physical AI uses, including robotics. The note attributes the report to Prathik Jayaprakash at Reuters.
The chip startup raised $110 million in Series A funding at a valuation above $1 billion, according to Techmeme's note. The company is working on low-power chips aimed at data centers and physical AI uses, including robotics. The note attributes the report to Prathik Jayaprakash at Reuters.
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