Latest news with #MaverickCapital
Bloomberg
7 days ago
- Business
- Bloomberg
Tiger Cub Maverick Looks to Raise Money After Trouncing Rivals
Lee Ainslie 's Maverick Capital is raising money for a new semiconductor fund and seeking to boost assets in its hedge funds, a rare expansion for the $10 billion firm that opened more than three decades ago. The new fund, Maverick Silicon, focuses on private late-stage growth companies. The company seeded it with internal capital a year ago and opened it to client money this year, according to regulatory filings and investors.
Yahoo
04-08-2025
- Business
- Yahoo
SiMa.ai secures $85m to support global expansion
US-based start-up has raised $85m in an oversubscribed funding round led by hedge fund firm Maverick Capital. The investment increases the company's total capital raised to $355m. New investor StepStone Group, alongside existing supporters, also joined the round. The company, which focuses on delivering purpose-built hardware and software solutions for Physical AI, plans to use the new funds to support its global expansion. It will also use the proceeds to further enhance its Physical AI platform. This includes investing in software innovation, go-to-market strategies, customer success initiatives, and strengthening its roadmap in the automotive sector. founder and CEO Krishna Rangasayee said: 'This new funding further validates our leadership in the Physical AI space and the growing demand for Physical AI solutions that deliver best-in-class performance per watt with industry-leading ease of use. 'With strong support from new and existing investors, we're scaling quickly to extend our competitive lead and meet global customer demand across robotics, automotive, industrial automation, aerospace & defence, smart vision, and healthcare.' core offering, the ONE platform, combines purpose-built silicon with a software-centric design to optimise performance and simplify deployment. The platform includes Modalix, a second-generation multimodal machine learning system-on-chip, and software suite Palette. These tools support major ML frameworks, facilitating rapid AI adoption across sectors. Maverick Capital managing partner Andrew Homan said: ' is redefining what's possible at the edge by combining world-class silicon with a uniquely software-centric approach to Physical AI. 'Their ability to deliver high-performance, low-power solutions with frictionless deployment positions them to lead in a market that's scaling fast. We're thrilled to support as they accelerate their growth and continue to deliver transformative value across industries.' In a previous funding round in April 2024, secured $70m to advance chip technology for autonomous vehicles. " secures $85m to support global expansion" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
04-08-2025
- Business
- Entrepreneur
SiMa.ai Secures USD 85 Mn to Advance Physical AI Platform
Funding led by Maverick Capital with StepStone Group joining will drive global expansion and innovation for edge-based AI applications You're reading Entrepreneur India, an international franchise of Entrepreneur Media. has secured USD 85 million in a funding round led by Maverick Capital, with StepStone Group joining as a new investor. The round was oversubscribed and included participation from existing backers. With this latest infusion, the company's total funding has reached USD 355 million. The capital will be used to expand global presence and to accelerate the growth of its Physical AI platform. Plans include increasing investment in software innovation, enhancing go-to-market activities, strengthening customer support, and advancing its automotive development plans. "This new funding further validates our leadership in the Physical AI space and the growing demand for solutions that deliver top-tier performance per watt with exceptional ease of use," said Krishna Rangasayee, Founder and CEO of "With the support of both new and existing investors, we are moving quickly to extend our lead and meet demand across robotics, automotive, industrial automation, aerospace and defense, smart vision, and healthcare." Founded in 2018 by Rangasayee, is headquartered in San Jose, California. The company specialises in Physical AI computing, creating platforms that enable intelligent applications to operate efficiently at the edge. Its flagship Modalix platform offers high performance while maintaining strong energy efficiency, designed to make advanced AI capabilities accessible in industries such as robotics, automotive, aerospace, and industrial automation. offers a full-stack Physical AI solution through its ONE platform. This integrates purpose-built silicon with a software-first approach to simplify deployment and maximise performance. The platform includes Modalix, a second-generation multimodal MLSoC now available to customers, and Palette, a software suite that features both a software development kit and Edgematic, a no-code visual development tool. The system supports major machine learning frameworks, including vision models, transformers, and generative AI, within a single architecture. Andrew Homan, Managing Partner at Maverick Capital, said, " is redefining possibilities at the edge by combining advanced silicon with a software-centric approach to Physical AI. Their ability to deliver powerful, low-energy solutions with simple deployment positions them to lead in a rapidly growing market." John Avirett, Partner at StepStone Group, added, "As generative AI changes the data center, we see significant opportunity in AI at the edge. integrated solution, technical expertise, and customer adoption make it a leader in this space." With AI applications increasingly moving to the edge, aims to address the need for high performance, energy efficiency, and ease of use in real-world environments.
Yahoo
16-05-2025
- Business
- Yahoo
Lee Ainslie's Strategic Moves: A Deep Dive into Kenvue Inc's 3.59% Portfolio Impact
Lee Ainslie (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Lee Ainslie (Trades, Portfolio) is the founder and CEO of Dallas-based Maverick Capital. Ainslie started Maverick Capital back in 1993 with $38 million after learning from legendary fund manager Julian Robertson at Tiger Management (Trades, Portfolio). Maverick employs six industry experts to research investment opportunities in the following categories: consumer, health care, cyclical, retail, financial, and telecommunications, media, and technology. Ainslie talks to them about new and current stocks in the portfolio, and with that input, he makes the final decision on investments. Warning! GuruFocus has detected 2 Warning Sign with AMZN. Lee Ainslie (Trades, Portfolio) added a total of 76 stocks, among them: The most significant addition was Kenvue Inc (NYSE:KVUE), with 8,466,901 shares, accounting for 3.59% of the portfolio and a total value of $203.036 million. The second largest addition to the portfolio was Bank of America Corp (NYSE:BAC), consisting of 3,644,820 shares, representing approximately 2.69% of the portfolio, with a total value of $152.098 million. The third largest addition was Danaher Corp (NYSE:DHR), with 698,740 shares, accounting for 2.53% of the portfolio and a total value of $143.241 million. Lee Ainslie (Trades, Portfolio) also increased stakes in a total of 116 stocks, among them: The most notable increase was NVIDIA Corp (NASDAQ:NVDA), with an additional 716,236 shares, bringing the total to 2,830,399 shares. This adjustment represents a significant 33.88% increase in share count, a 1.37% impact on the current portfolio, with a total value of $306.758 million. The second largest increase was Micron Technology Inc (NASDAQ:MU), with an additional 777,095 shares, bringing the total to 809,170. This adjustment represents a significant 2,422.74% increase in share count, with a total value of $70.308 million. Lee Ainslie (Trades, Portfolio) completely exited 68 of the holdings in the first quarter of 2025, as detailed below: Wells Fargo & Co (NYSE:WFC): Lee Ainslie (Trades, Portfolio) sold all 2,133,273 shares, resulting in a -2.7% impact on the portfolio. Visa Inc (NYSE:V): Lee Ainslie (Trades, Portfolio) liquidated all 426,998 shares, causing a -2.43% impact on the portfolio. Lee Ainslie (Trades, Portfolio) also reduced positions in 35 stocks. The most significant changes include: Reduced Starbucks Corp (NASDAQ:SBUX) by 1,007,093 shares, resulting in a -98.66% decrease in shares and a -1.66% impact on the portfolio. The stock traded at an average price of $103.37 during the quarter and has returned -22.47% over the past 3 months and -3.85% year-to-date. Reduced SpringWorks Therapeutics Inc (NASDAQ:SWTX) by 2,428,020 shares, resulting in a -83.96% reduction in shares and a -1.58% impact on the portfolio. The stock traded at an average price of $46.03 during the quarter and has returned -19.76% over the past 3 months and 27.54% year-to-date. At the first quarter of 2025, Lee Ainslie (Trades, Portfolio)'s portfolio included 236 stocks, with top holdings including 6.57% in Inc (NASDAQ:AMZN), 5.42% in NVIDIA Corp (NASDAQ:NVDA), 4.31% in Philip Morris International Inc (NYSE:PM), 4.28% in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), and 4.09% in Natera Inc (NASDAQ:NTRA). The holdings are mainly concentrated in 10 of all the 11 industries: Technology, Consumer Cyclical, Healthcare, Consumer Defensive, Financial Services, Industrials, Communication Services, Utilities, Basic Materials, and Energy. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Lee Ainslie's Strategic Moves: A Deep Dive into Kenvue Inc's 3.59% Portfolio Impact
Lee Ainslie (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Lee Ainslie (Trades, Portfolio) is the founder and CEO of Dallas-based Maverick Capital. Ainslie started Maverick Capital back in 1993 with $38 million after learning from legendary fund manager Julian Robertson at Tiger Management (Trades, Portfolio). Maverick employs six industry experts to research investment opportunities in the following categories: consumer, health care, cyclical, retail, financial, and telecommunications, media, and technology. Ainslie talks to them about new and current stocks in the portfolio, and with that input, he makes the final decision on investments. Warning! GuruFocus has detected 2 Warning Sign with AMZN. Lee Ainslie (Trades, Portfolio) added a total of 76 stocks, among them: The most significant addition was Kenvue Inc (NYSE:KVUE), with 8,466,901 shares, accounting for 3.59% of the portfolio and a total value of $203.036 million. The second largest addition to the portfolio was Bank of America Corp (NYSE:BAC), consisting of 3,644,820 shares, representing approximately 2.69% of the portfolio, with a total value of $152.098 million. The third largest addition was Danaher Corp (NYSE:DHR), with 698,740 shares, accounting for 2.53% of the portfolio and a total value of $143.241 million. Lee Ainslie (Trades, Portfolio) also increased stakes in a total of 116 stocks, among them: The most notable increase was NVIDIA Corp (NASDAQ:NVDA), with an additional 716,236 shares, bringing the total to 2,830,399 shares. This adjustment represents a significant 33.88% increase in share count, a 1.37% impact on the current portfolio, with a total value of $306.758 million. The second largest increase was Micron Technology Inc (NASDAQ:MU), with an additional 777,095 shares, bringing the total to 809,170. This adjustment represents a significant 2,422.74% increase in share count, with a total value of $70.308 million. Lee Ainslie (Trades, Portfolio) completely exited 68 of the holdings in the first quarter of 2025, as detailed below: Wells Fargo & Co (NYSE:WFC): Lee Ainslie (Trades, Portfolio) sold all 2,133,273 shares, resulting in a -2.7% impact on the portfolio. Visa Inc (NYSE:V): Lee Ainslie (Trades, Portfolio) liquidated all 426,998 shares, causing a -2.43% impact on the portfolio. Lee Ainslie (Trades, Portfolio) also reduced positions in 35 stocks. The most significant changes include: Reduced Starbucks Corp (NASDAQ:SBUX) by 1,007,093 shares, resulting in a -98.66% decrease in shares and a -1.66% impact on the portfolio. The stock traded at an average price of $103.37 during the quarter and has returned -22.47% over the past 3 months and -3.85% year-to-date. Reduced SpringWorks Therapeutics Inc (NASDAQ:SWTX) by 2,428,020 shares, resulting in a -83.96% reduction in shares and a -1.58% impact on the portfolio. The stock traded at an average price of $46.03 during the quarter and has returned -19.76% over the past 3 months and 27.54% year-to-date. At the first quarter of 2025, Lee Ainslie (Trades, Portfolio)'s portfolio included 236 stocks, with top holdings including 6.57% in Inc (NASDAQ:AMZN), 5.42% in NVIDIA Corp (NASDAQ:NVDA), 4.31% in Philip Morris International Inc (NYSE:PM), 4.28% in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), and 4.09% in Natera Inc (NASDAQ:NTRA). The holdings are mainly concentrated in 10 of all the 11 industries: Technology, Consumer Cyclical, Healthcare, Consumer Defensive, Financial Services, Industrials, Communication Services, Utilities, Basic Materials, and Energy. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
