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Nvidia backs Simplismart in $14M Series B at $100M valuation

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Nvidia invested in Simplismart's $14 million all-primary Series B, joining Accel, Shastra VC and Micromax, with Dallas Venture Capital leading. The round values the four-year-old Indian startup at about $100 million including the new funding, and Simplismart says the round is closed and will not be extended. The bet is on software that helps companies run AI models more efficiently and, in some cases, with fewer GPUs, as the AI boom strains computing capacity.

AI-generated from reports · 1 hours agoUpdate

Latest updatesOct 27 19:00
Nvidia backs Simplismart in $14M Series B for GPU-efficient AI inference

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Oct 27
  1. TechCrunch StartupsTop Deals
    Nvidia backs Simplismart in $14M Series B for GPU-efficient AI inference

    Nvidia joined Accel, Shastra VC, Micromax and lead investor Dallas Venture Capital in a $14 million all-primary Series B for Simplismart.

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