Industry
Velaura AI raises $110M to develop power-efficient AI chips
Velaura 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 C
Velaura 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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Source: SiliconANGLE | 2026-08-19