--- title: Velaura raises $110mn to sell AI chips that cut the... description: Velaura AI, a Santa Clara chip-design startup, raised $110mn in a Series A round led by Seligman Ventures, pushing its valuation past $1bn. The company... canonical: https://daily.dev/posts/velaura-raises-110mn-to-sell-ai-chips-that-cut-the-power-bill-not-the-clock-speed-hlf8yra3s twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Velaura raises $110mn to sell AI chips that cut the power bill, not the clock speed | daily.dev og:description: Velaura AI, a Santa Clara chip-design startup, raised $110mn in a Series A round led by Seligman Ventures, pushing its valuation past $1bn. The company... og:url: https://daily.dev/posts/velaura-raises-110mn-to-sell-ai-chips-that-cut-the-power-bill-not-the-clock-speed-hlf8yra3s og:image: https://api.daily.dev/og/posts/hLf8yRa3S.png og:image:alt: Velaura raises $110mn to sell AI chips that cut the power bill, not the clock speed og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Velaura raises $110mn to sell AI chips that cut the power bill, not the clock speed **[The Next Web](https://daily.dev/sources/tnw)** · 5 min read · 0 upvotes · 0 comments ## Summary Velaura AI, a Santa Clara chip-design startup, raised $110mn in a Series A round led by Seligman Ventures, pushing its valuation past $1bn. The company licenses a chip-design platform called Titan Core that it claims delivers two-to-four-times better performance per watt for AI accelerator math without losing speed, targeting the growing power constraints facing AI data centres. Like Arm's original model, Velaura charges an upfront fee plus a royalty tied to a customer's actual power savings rather than selling chips directly. It says it is in talks with three of the four largest cloud providers and is also targeting the 'physical AI' market of robots and drones that must run on tight power budgets. The founders and leadership team come from Apple, Nvidia, Google, Qualcomm and Marvell, and the company joins competitors like Groq, Etched and Cerebras in the alternative AI chip space. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much funding did Velaura AI raise in its Series A round and at what valuation? Velaura AI raised $110 million in a Series A round led by Seligman Ventures, pushing its valuation above $1 billion. New investors Capricorn Investment Group and Prosperity7 Ventures joined existing backers Mayfield, Maverick Silicon, MARA, Premji Invest, the Samsung Catalyst Fund and StepStone Group. The company plans to use the funds to accelerate chip development and hire engineering and customer-facing staff. _Track funding rounds shaping the AI chip market alongside daily.dev's tech news coverage._ ### How does Velaura AI's chip licensing business model work? Velaura licenses its Titan Core chip-design technology rather than selling its own chips, charging an upfront fee plus a royalty tied to a share of the power savings a customer achieves. CEO Rajiv Khemani compared the structure to Arm's original per-chip licensing model before Arm began selling its own silicon. The company only earns its royalty if a customer's electricity bill actually falls. _Compare emerging chip business models on daily.dev when evaluating AI infrastructure vendors._ ### What performance improvement does Velaura's Titan Core chip platform claim over standard AI accelerators? Titan Core claims a two-to-four-times improvement in performance per watt for the mathematical operations inside AI accelerators, without sacrificing performance. Velaura says the underlying technology already runs in more than 30 million chips built on leading manufacturing processes, and the new funding is meant to turn the platform into shipping commercial products. _Follow power-efficiency benchmarks for AI hardware as these claims get tested in production, on daily.dev._ ## Similar posts on daily.dev - [AI chip startups soak up $1.1B in VC funding this week](https://daily.dev/posts/ai-chip-startups-soak-up-1-1b-in-vc-funding-this-week-sbcfggett) · The Register · 0 upvotes · 0 comments - [Iluvatar CoreX seeks to raise $850m as China’s AI-chip rally lifts its shares](https://daily.dev/posts/iluvatar-corex-seeks-to-raise-850m-as-china-s-ai-chip-rally-lifts-its-shares-p6w2hblqb) · The Next Web · 0 upvotes · 0 comments - [A startup that builds other startups raised $100M, and is all-in on physical AI](https://daily.dev/posts/a-startup-that-builds-other-startups-raised-100m-and-is-all-in-on-physical-ai-cgwy2pmrc) · TechCrunch · 0 upvotes · 0 comments - [The path to ubiquitous AI](https://daily.dev/posts/the-path-to-ubiquitous-ai-rr89jl4iq) · Hacker News · 2 upvotes · 0 comments - [Industry-Academia Alliance Turbocharges AI Chip Design](https://daily.dev/posts/industry-academia-alliance-turbocharges-ai-chip-design-koqmq1mir) · IEEE Spectrum · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#gpu](https://daily.dev/tags/gpu) [View this post on daily.dev](https://daily.dev/posts/velaura-raises-110mn-to-sell-ai-chips-that-cut-the-power-bill-not-the-clock-speed-hlf8yra3s) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Velaura raises $110mn to sell AI chips that cut the power bill, not the clock speed","url":"https://daily.dev/posts/velaura-raises-110mn-to-sell-ai-chips-that-cut-the-power-bill-not-the-clock-speed-hlf8yra3s","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/velaura-raises-110mn-to-sell-ai-chips-that-cut-the-power-bill-not-the-clock-speed-hlf8yra3s"},"datePublished":"2026-08-19T12:34:53.357Z","dateModified":"2026-08-19T12:35:21.061Z","description":"Velaura AI, a Santa Clara chip-design startup, raised $110mn in a Series A round led by Seligman Ventures, pushing its valuation past $1bn. 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New investors Capricorn Investment Group and Prosperity7 Ventures joined existing backers Mayfield, Maverick Silicon, MARA, Premji Invest, the Samsung Catalyst Fund and StepStone Group. The company plans to use the funds to accelerate chip development and hire engineering and customer-facing staff. Track funding rounds shaping the AI chip market alongside daily.dev's tech news coverage."}},{"@type":"Question","name":"How does Velaura AI's chip licensing business model work?","acceptedAnswer":{"@type":"Answer","text":"Velaura licenses its Titan Core chip-design technology rather than selling its own chips, charging an upfront fee plus a royalty tied to a share of the power savings a customer achieves. CEO Rajiv Khemani compared the structure to Arm's original per-chip licensing model before Arm began selling its own silicon. The company only earns its royalty if a customer's electricity bill actually falls. Compare emerging chip business models on daily.dev when evaluating AI infrastructure vendors."}},{"@type":"Question","name":"What performance improvement does Velaura's Titan Core chip platform claim over standard AI accelerators?","acceptedAnswer":{"@type":"Answer","text":"Titan Core claims a two-to-four-times improvement in performance per watt for the mathematical operations inside AI accelerators, without sacrificing performance. Velaura says the underlying technology already runs in more than 30 million chips built on leading manufacturing processes, and the new funding is meant to turn the platform into shipping commercial products. Follow power-efficiency benchmarks for AI hardware as these claims get tested in production, on daily.dev."}}]} ```