# Velaura AI Raises $110M to Develop Power-efficient AI Chips

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-08-18T12:00:00.000Z  
> **Category:** FUNDING  
> **Impact Score:** 180/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/08/18/velaura-ai-raises-110m-to-develop-power-efficient-ai-chips)  
> **Canonical Citation:** [https://spidits.com/timeline/velaura-ai-raises-110m-to-develop-power-efficient-ai-chips](https://spidits.com/timeline/velaura-ai-raises-110m-to-develop-power-efficient-ai-chips)

## Executive Summary
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.

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/08/18/velaura-ai-raises-110m-to-develop-power-efficient-ai-chips)**: 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 Catalyst Fund, Mayfield and more than a half-dozen others. Velaura is now valued at more than $1..._

---
*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*