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Simplismart Raises $14 Million Series B Led by Dallas Venture Capital, With Nvidia Participating

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Indian startup Simplismart raised $14 million in a Series B led by Dallas Venture Capital, with Nvidia participating, valuing the company at about $100 million including the new funding. Accel, Shastra VC, and Micromax also invested in the round, which consisted entirely of new shares. Simplismart develops inference software for running AI models. The company says its software tailors model deployment to customers’ speed, cost, and performance requirements, and that it helped InVideo cut GPU serving costs by 56%. Simplismart plans to use the funding to expand its U.S. presence, grow its team, and further develop its inference software.

Generated by AI from reports · Updated 2 hours ago

Latest development10/27 19:00 (UTC+8)
Nvidia backs Simplismart’s $14 million round to improve AI inference efficiencyTechCrunch · AI

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10/27
  1. TechCrunch · AI
    Nvidia backs Simplismart’s $14 million round to improve AI inference efficiency

    Nvidia joined Simplismart’s $14 million Series B, led by Dallas Venture Capital, valuing the Indian startup at about $100 million including the funding. Simplismart says its software tailors AI model deployment to customers’ speed, cost, and performance requirements and helped InVideo cut GPU serving costs by 56%. The startup plans to expand its U.S. presence, grow its team, and develop its inference software.

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