Positron AI
Lovelock, US · Founded 2023 · Delaware corporation · 15 known investors
Positron designs and builds LLM-inference-focused hardware accelerators, including its Atlas product and next-generation Titan systems, aimed at running AI inference workloads more efficiently and affordably than GPUs. Its chips and systems, designed and manufactured in the United States, target cloud providers and AI infrastructure companies in networking, gaming, content moderation, CDN, and trading sectors.
Founders & leadership
MA
Mitesh AgrawalExecutive Officer, Director
RR
Robert ReidDirector
TS
Thomas SohmersExecutive Officer, Director
Investors · 15
Asimov VenturesNew York City
Banyan VenturesNew Yorkvia Sam Awrabi · inferred
Caucasus VenturesBaku · $50K – $2.5Mvia Mammad Karim · inferred
Ineffable VenturesStamfordvia Jared Kasner · inferred
Invariantes FundGuatemala City
NZVCAuckland
Oakseed Venturesvia Chee-We Ng · inferred
UnlessBoulder
VeronorteMedellín
ARMreportedLagos
Atreides ManagementreportedBoston
Flume VenturesreportedIncline Village
Forma CapitalreportedLos Angelesvia Ari Schottenstein · board
Qatar Investment AuthorityreportedDoha
Valor Equity PartnersreportedChicago
Reported raises · per SEC filings
Form D private placements▶$233.9MraisedMay 2026 · 55 investors · OtherRule 506(b)
▶$233.9MraisedMay 2026 · 55 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Robert ReidDirector
- Thomas SohmersExecutive Officer, Director
- Mitesh AgrawalExecutive Officer, Director
- Ari SchottensteinDirector
- Offering amount
- $233.9M
- Amount sold
- $233.9M
- First sale
- Jan 2026
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$75.1MraisedJul 2025 · 95 investors · OtherRule 506(b)
▶$75.1MraisedJul 2025 · 95 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Mitesh AgrawalExecutive Officer, Director
- Robert ReidDirector
- Thomas SohmersExecutive Officer, Director
- Offering amount
- $76.2M
- Amount sold
- $75.1M
- First sale
- Jun 2025
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
- Positron to Raise $750 Million at a $5 Billion Valuation | Silicon Valley Investclubsiliconvalleyinvestclub.com · 2026
- Positron AI in Talks to Raise $750M to Challenge Nvidia in AI Inference Hardware | KuCoinkucoin.com · 2026
- AI inferencing startup Positron AI raises $230 million to develop chips 'to rival Nvidia' - DCDdatacenterdynamics.com · 2026
- Is Positron AI a Good Venture Capital Investment? A Deep Analysis of Risk, Upside, and the Future of AI Inference | by James Fahey | Mediummedium.com · 2026
- Positron AI Raises $230M Series B at Over $1B Valuationfinance.yahoo.com · 2026
