Reuters reports that Velaura AI raised $110 million in Series A financing at a valuation exceeding $1 billion, as investors back technologies aimed at reducing power consumption and operating costs across AI infrastructure. Seligman Ventures led the round, with Managing Partner Umesh Padval noting that Velaura is well positioned to benefit from growing demand for energy-efficient computing in both AI data centers and emerging Physical AI applications. Read more about the company’s technology and growth plans in the full article.
