Portfolio Update: Positron AI raises $51.6M Series A led by Valor Equity Partners, Atreides Management and DFJ Growth to work on their next generation inference AI accelerator
Exciting news: Positron AI has raised $51.6M Series A led by Valor Equity Partners, Atreides Management, LP and DFJ Growth to work on their next generation inference AI accelerator. They look forward to working closely with Gavin Baker, Randy Glein, Vivek Pattipati and their teams to deliver a compelling inference solution for frontier models.
Additional investment came from Flume Ventures (Matthew Nordby), which includes tech icon Scott McNealy, Resilience Reserve (Rob Reid), 1517 Fund (Danielle Strachman, Michael Patrick Gibson) and Unless (Trevor Zimmerman).
A huge thank you to existing investors for the belief, and to new partners for joining the mission including angels Dylan Patel and Chase Lochmiller.
Many interesting updates on their Atlas server deployments (shipping now) and upcoming Asimov chip’s specs to follow soon.
See the The Wall Street Journal spotlight this week by Christopher Mims on their approach to inference hardware and for the customers who are betting big.
Wall Street Journal: https://www.wsj.com/tech/ai/the-new-chips-designed-to-solve-ais-energy-problem-1ba9cac1?mod=Searchresults_pos1&page=1
