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

> Source: <https://www.machinebrief.com/news/velaura-ai-raises-dollar110m-to-develop-power-efficient-ai-c-dqjc>
> Published: 2026-08-19 00:10:52+00:00

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

By Maria DeutscherSource:

[SiliconANGLE](https://siliconangle.com)Velaura AI Inc., a developer of low-power [artificial intelligence](/glossary/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](https://siliconangle.com/2026/08/18/velaura-ai-raises-110m-to-develop-power-efficient-ai-chips/) appeared first on [SiliconANGLE](https://siliconangle.com).

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