Fenwick represented SiMa.ai™, a machine learning company enabling high performance compute at the lowest power, in its $30 million Series A funding round led by Dell Technologies Capital with participation from institutional investors Amplify Partners, Wing Venture Capital and +ND Capital. The round brings the total amount raised to $40 million.
SiMa.ai will use the funding to accelerate production and deliver on customer commitments. More information can be obtained from the company’s announcement.
The Fenwick transaction team included corporate partner Sam Angus and associate James Bishop.