# Velaura AI raises $110 million Series A for low-power chips

_Tuesday, August 18, 2026 at 10:25 AM EDT · AI, Capital · Latest · Tier 2 — Notable_

Velaura AI raised a $110 million Series A round and was valued at more than $1 billion, Reuters reported. The company is developing low-power chips for data centers and physical-AI applications including robotics. The supplied report does not identify investors, product availability, or performance specifications for the chips.

## Sources

- [Techmeme](https://www.techmeme.com/260818/p19#a260818p19)

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Retrieved: 2026-08-18T18:31:18.446Z
Publisher: Tech & Business (techandbusiness.org)