Velaura AI $110M Series A
Analysis based on 10 articles · First reported Aug 18, 2026 · Last updated Aug 18, 2026
The funding round signals strong investor confidence in energy-efficient AI chip design, potentially boosting the sector and validating the market for low-power AI infrastructure. It may also increase competitive pressure on established chip designers and highlight the growing importance of power efficiency in AI data centers.
Velaura AI, a Santa Clara-based startup developing low-power chips and software for AI data centers and physical AI applications, raised $110 million in a Series A funding round, valuing the company at over $1 billion. The round was led by Seligman Ventures, with participation from new investors Capricorn Investment Group and Prosperity7 Ventures, and existing backers including Samsung Catalyst Fund, StepStone Group, Maverick Silicon, Mayfield, MARA, and Premji Invest. The funds will accelerate development and commercialization of its Titan Core chip design platform, which claims a 2-4x improvement in performance per watt for AI accelerators and has been deployed in over 30 million ASICs. The company is engaged with three of the four largest cloud providers and charges an upfront fee plus royalties tied to power savings, similar to Arm's licensing model. CEO Rajiv Khemani emphasized the importance of compute economics in the next era of AI.
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