# Raja Koduri's Oxmiq Labs raises $35M to lower the design cost of custom AI silicon

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-07-01T23:41:16.000Z  
> **Category:** FUNDING  
> **Impact Score:** 130/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/07/01/raja-koduris-oxmiq-labs-raises-35m-lower-design-cost-custom-ai-silicon)  
> **Canonical Citation:** [https://spidits.com/timeline/raja-koduris-oxmiq-labs-raises-35m-to-lower-the](https://spidits.com/timeline/raja-koduris-oxmiq-labs-raises-35m-to-lower-the)

## Executive Summary
Artificial intelligence chipmaking startup Oxmiq Labs Inc. says it wants to become the next Arm Holdings Plc. after raising $35 million in Series A funding, bringing its total amount raised to date to $60 million. Today's round was led by investors including Fundomo and Samsung Catalyst Fund, and...

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/07/01/raja-koduris-oxmiq-labs-raises-35m-lower-design-cost-custom-ai-silicon)**: Raja Koduri's Oxmiq Labs raises $35M to lower the design cost of custom AI silicon — _Artificial intelligence chipmaking startup Oxmiq Labs Inc. says it wants to become the next Arm Holdings Plc. after raising $35 million in Series A funding, bringing its total amount raised to date to $60 million. Today's round was led by investors including Fundomo and Samsung Catalyst Fund, and..._

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