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[ARTICLE · art-102210] src=machinebrief.com ↗ pub= topic=ai-chips verified=true sentiment=↑ positive

Velaura AI raises $110M to develop power-efficient AI chips

Velaura AI Inc., a developer of low-power artificial intelligence chips, has raised $110 million in a Series A funding round led by Seligman Ventures, with participation from Samsung Catalyst Fund, Mayfield, and more than a half-dozen other investors. The company is now valued at more than $1 billion, six months after its founding.

read1 min views1 publishedAug 19, 2026
Velaura AI raises $110M to develop power-efficient AI chips
Image: Machinebrief (auto-discovered)

By Maria DeutscherSource:

SiliconANGLEVelaura AI Inc., a developer of low-power artificial intelligence chips, today announced that it has raised $110 million in funding. Seligman Ventures led the Series A round. It was joined by Samsung Catalyst Fund, Mayfield and more than a half-dozen others. Velaura is now valued at more than $1 billion. The deal comes six months […]

The post Velaura AI raises $110M to develop power-efficient AI chips appeared first on SiliconANGLE.

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