Archive · 19 Aug 2026
Velaura AI Valued Above $1 Billion After $110 Million Funding
Velaura AI is a company that designs computer chips and software for artificial intelligence.
It raised $110 million from investors.
The investment made the company worth more than $1 billion.
Its technology is designed to help AI data centers use less electricity and cost less to operate.
The company also works on technology for robots and self-driving systems.
Velaura AI plans to use the money to build its products faster and hire more workers.
It recently announced a platform called Titan Core for designing more efficient chips.
Customers pay an upfront fee and may also pay royalties based on the power they save.
Velaura AI raised $110 million in a Series A round valuing the chip-designing startup at more than $1 billion.
Seligman Ventures led the funding, joined by Capricorn Investment Group and existing investors.
The company develops low-power chips and software for AI data centers, robotics and autonomous systems.
Velaura AI will use the funds to accelerate product development and hire engineering and customer-facing employees.
Its Titan Core platform targets improved efficiency and power savings, while its business model combines upfront fees with royalties tied to customer power savings.
- Who
- Velaura AI, led by co-founder and CEO Rajiv Khemani, raised the funding from several investors.
- What
- The chip-designing startup raised $110 million in a Series A funding round at a valuation above $1 billion.
- When
- The announcement was made Aug. 18, identified in the article as a Tuesday.
- Why
- The funds will support faster development and deployment of AI products and the hiring of engineers and customer-facing staff.
- Funding
- $110 million Series A round
- Valuation
- More than $1 billion
- Lead investor
- Seligman Ventures
- New investor
- Capricorn Investment Group
- Existing investors
- Samsung Catalyst Fund, StepStone Group and Maverick Silicon
- Core technology
- Low-power chips, software and the Titan Core chip-design platform
- Business model
- Upfront technology fees plus royalties tied to customers' power savings